Statute · California Public Resources Code
Cal. Pub. Res. Code § 36993 — California Ocean Science Trust
Cal. Pub. Res. Code § 36993
- Type
- Statute
- Source
- California Public Resources Code
- Jurisdiction
- California
- Date
- 2001-01-01
- Current through
- Nov 2, 2026 (California Legislative Counsel)
(a) Any person who might reasonably be expected at some time to derive a direct financial benefit from the activities of the trust shall be ineligible to serve as a trustee.
Citator
Cal. Pub. Res. Code § 36993 — California Ocean Science Trust is in force in the current edition of the Code, and nothing recorded condemns it.
(a) Any person who might reasonably be expected at some time to derive a direct financial benefit from the activities of the trust shall be ineligible to serve as a trustee.
(b) Subject to the approval of the Secretary for Resources, the trustees shall adopt definitions and rules for the trust with respect to indirect conflicts of interest.
(c) All trustees shall serve without compensation. However, trustees may be reimbursed by the trust for reasonable expenses.