Statute · California Health and Safety Code
Cal. Health & Safety Code § 8733 — Care of Active Cemeteries
Cal. Health & Safety Code § 8733
- Type
- Statute
- Source
- California Health and Safety Code
- Jurisdiction
- California
- Date
- 1998-01-01
- Current through
- Nov 2, 2026 (California Legislative Counsel)
No sum in excess of 5 percent of the net income derived from an endowment care fund, or special care fund, or both, in any year shall be paid as compensation to the board of trustees for its services as trustee. This amount shall be the total compensation from the fund to be paid to a trustee…
Citator
Cal. Health & Safety Code § 8733 — Care of Active Cemeteries is in force in the current edition of the Code, and nothing recorded condemns it.
No sum in excess of 5 percent of the net income derived from an endowment care fund, or special care fund, or both, in any year shall be paid as compensation to the board of trustees for its services as trustee. This amount shall be the total compensation from the fund to be paid to a trustee for services. For purposes of this section, “net income” means the amount of income remaining after reasonable administrative expenses, including bookkeeping, postage, taxes, and other costs directly related to generating income to the trust fund, have been deducted from the gross income derived from the fund.