California Health and Safety Code 9067 – The board of trustees may cause the funds deposited in the endowment …
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The board of trustees may cause the funds deposited in the endowment income fund pursuant to subdivision (f) of Section 9065 that are not required for the immediate care of the cemeteries owned by the district to be invested in the securities and obligations designated by § 53601 of the Government Code.
(Added by Stats. 2003, Ch. 57, Sec. 5. Effective January 1, 2004.)
Terms Used In California Health and Safety Code 9067
- 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