57-30 - Funds from sale of lots and for perpetual upkeep. - Virginia Statutes

§ 57-30. Funds from sale of lots and for perpetual upkeep.

The trustees shall, upon delivery of a deed for any lot or portion thereof,except a pauper lot, collect the purchase price and pay it to the designatedtreasurer of either the county or city establishing the cemetery. The amountsreceived from the sale of lots or portions thereof as herein determined shallbe used by the city and county to pay for the cost of the land andimprovements. All funds for perpetual upkeep shall be properly invested underthe direction of the governing bodies of the city and county. The balance ofthe purchase price of lots or portions thereof, and so much of the incomefrom invested perpetual care funds as may be needed, shall be paid annuallyto the trustees, to be used by them along with all other funds received bythem for the maintenance, operation and upkeep of the cemetery and of theperpetual care lots therein.

(1944, p. 326; Michie Suppl. 1946, § 53a.)