HB 2272 Grants county commissions the discretion to invest funds designated for the maintenance of a cemetery and to use investment managers to invest and manage the assets

     Handler: Hegeman

Current Bill Summary

- Prepared by Senate Research -


HCS/HB 2272 - This act provides that a county commission may, rather than shall, invest funds designated for the maintenance of a public or private cemetery in entities as provided in current law and may utilize investment managers to invest and manage the assets. The investment manager shall act in the interest of the public or private cemetery and the entity making the gift or bequest, and according to additional requirements as provided for in the act.

JESSI BAKER


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