Cal. Code Regs. tit. 16 § 2334.1

Current through Register 2024 Notice Reg. No. 45, November 8, 2024

Section 2334.1 - Approval of Endowment Care Fund Conversion

Pursuant to Section 8726.2 of the Health and Safety Code, a cemetery authority shall not convert its endowment care fund to a unitrust distribution method without first complying with Section 2334 and receiving the bureau's written approval. If the bureau approves a cemetery authority's application to convert its endowment care fund to a unitrust distribution method, the conversion to the unitrust distribution method shall become effective on the first day of the cemetery authority's reporting year following the date of approval from the bureau.

Cal. Code Regs. Tit. 16, § 2334.1

1. New section filed 1-5-2022; operative 1-5-2022 pursuant to Government Code section 11343.4(b)(3) (Register 2022, No. 1).

Note: Authority cited: Section 7606, Business and Professions Code; and Section 8726.2, Health and Safety Code. Reference: Sections 8726.1, 8726.2, 8738 and 8738.1, Health and Safety Code.

1. New section filed 1-5-2022; operative 1/5/2022 pursuant to Government Code section 11343.4(b)(3) (Register 2022, No. 1).