(a)  The board of trustees shall create an endowment care fund.

(b)  The board of trustees shall require a payment into the endowment care fund for each interment right sold. The amount of the payment shall be not less than the minimum amounts set by Section 8738.

Terms Used In California Health and Safety Code 9065

  • Board of trustees: means the legislative body of a district. See California Health and Safety Code 9002
  • District: means a public cemetery district created pursuant to this part or any of its statutory predecessors. See California Health and Safety Code 9002
  • Interment right: means the rights held by the owner to use or control the use of a plot authorized by this part, for the interment of human remains, including both of the following rights:

    California Health and Safety Code 9002

(c)  The board of trustees may require a payment into the endowment care fund for each interment where no payment has previously been made. The amount of the payment shall be not less than the minimum amounts set by Section 8738.

(d)  The board of trustees may pay into the endowment care fund any money from the district‘s general fund and from any other sources which is necessary or expedient to provide for the endowment care of the cemeteries owned by the district.

(e)  The board of trustees shall not spend the principal of the endowment care fund.

(f)  The board of trustees shall cause the income from the endowment care fund to be deposited in an endowment income fund and spent solely for the care of the cemeteries owned by the district.

(Added by Stats. 2003, Ch. 57, Sec. 5. Effective January 1, 2004.)