Donations made with the provision that the interest or income only therefrom shall be used by the society, if accepted, shall be received by the society, and the intent of the donor with reference to the same shall be observed and carried out, and the principal of said gift, if money, and such other funds as are available shall be invested by the state treasurer as state custodian of those funds, and the interest or income therefrom shall be available for the society for the purposes given.
Source: L. 21: p. 740, § 3. C.L. § 8232. CSA: C. 154, § 15. CRS 53: § 131-1-8. C.R.S. 1963: § 131-1-8.