Current through July 29, 2024
Section CB 4.06 - Income from care funds(1) In this section, "income earned" means and includes any capital gains, any interest, and any dividends earned on a cemetery care fund account.(2) Only the principal deposits into cemetery care funds required under s. 157.11(9g) (c), Stats., must remain intact.(3) Income earned on a cemetery care fund may be withdrawn from the care fund by the cemetery authority and be used for the purposes specified in s. 157.11(9g) (a) 2, Stats.(4) Board approval is not required to withdraw income earned on a cemetery care fund account.Wis. Admin. Code Cemetery Board § CB 4.06
Adopted by, CR 22-023: cr. Register June 2023 No. 810, eff. 7/1/2023