§ 8-9. Retention of portion of proceeds by benevolent, religious and charitable institutions.  


Latest version.
  • Benevolent, religious and charitable institutions which own, maintain and operate cemeteries under the laws of this state shall be permitted to retain ten percent (10%) of the gross proceeds of all lots sold by such an institution for the purpose of interment; and any sum so retained may be used by it in any manner which may further its legitimate objects.

Laws 1910-11, c. 17, p. 34, Section 1.