US Laws, Codes, Statutes & Cases

 
    §  4-118  Investment of trust funds for perpetual care and maintenance
  in cemeteries. In investing and reinvesting trust funds held by  him  or
  her  pursuant  to  section 4-117 or otherwise for the perpetual care and
  maintenance of any lot, plot or part thereof in  a  cemetery  or  burial
  ground  maintained  and  operated by the city of New York, and under the
  jurisdiction of the borough president of the respective borough in which
  such cemetery or burial ground exists, the comptroller  may  add  moneys
  and  property  received  by him or her, whether by contract, in trust or
  otherwise, to any similar trust fund or funds, and apportion  shares  or
  interests  to  each  trust  fund, showing upon his or her records at all
  times every share or interest, or he or she  may  combine  two  or  more
  trust funds or portions of the same.