35-21-610. Bank or trust company as trustee. In lieu of the appointment of a board of trustees of its endowment care fund, any mausoleum-columbarium authority may appoint as sole trustee of its endowment care fund any bank or trust company qualified to engage in the trust business in the state of Montana, and such bank or trust company shall be authorized to receive and accept said fund and all accretions thereto, including any accumulated endowment care fund in existence at the time of its appointment.

     History: En. Sec. 97, Ch. 35, L. 1949; R.C.M. 1947, 9-909.