Statute · California Business and Professions Code
Cal. Bus. & Prof. Code § 7738 — Preneed Funeral Arrangements
Cal. Bus. & Prof. Code § 7738
- Type
- Statute
- Source
- California Business and Professions Code
- Jurisdiction
- California
- Date
- 1997-01-01
- Current through
- Nov 2, 2026 (California Legislative Counsel)
A licensed funeral establishment that is also a licensed cemetery authority shall not deposit any money or securities received in connection with preneed funeral arrangements in a special endowment care fund as provided in Article 4 (commencing with Section 8775) of Chapter 5 of Part 3 of…
Citator
Cal. Bus. & Prof. Code § 7738 — Preneed Funeral Arrangements is in force in the current edition of the Code, and nothing recorded condemns it.
A licensed funeral establishment that is also a licensed cemetery authority shall not deposit any money or securities received in connection with preneed funeral arrangements in a special endowment care fund as provided in Article 4 (commencing with Section 8775) of Chapter 5 of Part 3 of Division 8 of the Health and Safety Code, nor shall a licensed funeral establishment permit the deposit of any money or securities received in connection with a special endowment care fund into a preneed funeral trust fund. Nothing in this section shall require the liquidation or conversion of any lawful investment existing on December 31, 1981.