2005 Connecticut Code - Sec. 19a-304. (Formerly Sec. 19-155). Care of funds by towns.
Sec. 19a-304. (Formerly Sec. 19-155). Care of funds by towns. Such a donation,
when received by a town, shall, unless otherwise directed by the donor, be paid to the
town treasurer; and the income therefrom shall be paid by such treasurer to such person
as the selectmen may annually appoint to receive and expend such income. The person
so appointed shall give a bond to the town for such sum as the selectmen may fix, with
surety to their satisfaction, conditioned for the faithful performance of his duties; and
thereupon such person shall expend such income pursuant to the terms of the instrument
or declaration of trust regulating the use thereof, and, when no specific direction has
been made by the donor relative to the expenditure of such income, or when the purpose
specified is incapable of performance, or when there is a surplus of income after the
directions of the trust have been fully complied with and performed, he shall expend
the same wholly or in part for the general care or improvement of the cemeteries and
burial lots or of private lots within such cemeteries in such town.
History: Sec. 19-155 transferred to Sec. 19a-304 in 1983.
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