Other LanguagesAGO 1955 NO. 21 >
SCHOOLS ‑- (LEASES) BOARD OF DIRECTORS POWERS (SCHOOL DISTRICT) PURCHASE BY "LEASE‑GIFT" ARRANGEMENT BINDING BOARD BEYOND ONE YEAR.
School district may not purchase equipment by leasing it for a term of years and receiving at the expiration of the lease as gift‑-rentals being equivalent to
AGO 1955 NO. 22 >
REAL ESTATE SCHEMES ‑- FREE LOT SCHEME ‑- LOTTERY.
Where members of the general public are invited without cost or condition to deposit names and addresses into a box at a home show, or some similar public function, with the understanding that a free lot will be given away, they are not
AGO 1955 NO. 23 >
VETERANS' REEMPLOYMENT RIGHTS UNDER FEDERAL AND STATE LAW.
The Federal law providing for reemployment of veterans is inapplicable to state or political subdivision employee and the State law will control. A description is herein set forth enumerating elements which must be considered in
AGO 1955 NO. 24 >
CEMETERIES ‑- CEMETERY BOARD ‑- EXAMINATION OF BOOKS AND RECORDS OF CEMETERY AUTHORITY.
An examination of the books and records of a cemetery authority may be made by the cemetery board without giving notice to the authority prior to making the examination. The matter of giving notice
AGO 1955 NO. 25 >
REAL ESTATE EXCISE TAX ‑- APPLICATION TO CONVEYANCE BY HUSBAND AND WIFE TO A CORPORATION FORMED UNDER A PROPERTY SETTLEMENT AGREEMENT IN EXCHANGE FOR CAPITAL STOCK OF THE CORPORATION.
The real estate excise tax applies to a conveyance to a corporation by a husband and wife under a property
AGO 1955 NO. 26 >
FUNDS ‑- STATE ‑- MOTOR VEHICLE ‑- HIGHWAY SAFETY ‑- STATE PATROL RETIREMENT ‑- APPROPRIATIONS.
1. Highway Safety Fund can be consolidated with Motor Vehicle Fund.
2. Appropriation for State Patrol Retirement Fund could be made from Motor Vehicle Fund after such consolidation.
AGO 1955 NO. 27 >
INDIANS ‑- LIABILITY FOR PERSONAL PROPERTY TAX ON PROPERTY MORTGAGED TO TRIBE.
Personal property purchased by an Indian with his own funds and mortgaged to the tribe is taxable, but personal property purchased with funds loaned by the tribe, the property being mortgaged to the tribe as security, is
AGO 1955 NO. 28 >
REAL ESTATE BROKERS AND SALESMEN ‑- DISPOSITION AND REFUND OF FEES.
AGO 1955 NO. 29 >
TAX ‑- REAL ESTATE SALES ‑- AGENTS ‑- UNDISCLOSED PRINCIPAL ‑- CORPORATIONS.
The excise tax on real estate sales applies to a transfer of real property by nominees for an undisclosed principal to a corporation, which is not the undisclosed principal, for consideration; but not to a transfer from
AGO 1955 NO. 30 >
CEMETERIES ‑- ENDOWMENT CARE FUND ‑- INVESTMENTS.
Endowment Care fund of cemetery cannot be invested in graves, which are not income‑producing.