35-20-313. Investment of fund. The principal of the fund may be invested in the way in which public employees’ retirement funds are permitted to be invested in the state of Montana as prescribed by 17-6-211. Each investment made by the trustee or by the board of trustees is subject to the approval of the board of trustees of the cemetery association.

Terms Used In Montana Code 35-20-313

  • State: when applied to the different parts of the United States, includes the District of Columbia and the territories. See Montana Code 1-1-201
  • Trustee: A person or institution holding and administering property in trust.