58-2436. Same; payment of operation, maintenance and depreciation costs; fees and charges.

58-2436

Chapter 58.--PERSONAL AND REAL PROPERTY
Part 6.--MISCELLANEOUS PROVISIONS
Article 24.--TRUSTS AND POWERS

      58-2436.   Same; payment of operation, maintenance and depreciationcosts; fees and charges.All instruments or wills creating trusts under the provisions of thisact shall permit the collection of fees and charges for the purpose ofproviding for the establishment of reserve funds for the payment ofoperating, maintenance and depreciation costs and any outstandingobligations which may be incurred in the performance of the functions forwhich such trust has been created.

      History:   L. 1974, ch. 235, § 6; July 1.