California Health and Safety Code ARTICLE 4 - Special Care

• Section 8775.
  A cemetery authority which has established an endowment care fund may also take and hold any property bequeathed, granted, or given to it in trust...
• Section 8776.
  The sums paid in or contributed to the fund authorized by this article are hereby expressly permitted as and for a charitable and eleemosynary purpose....
• Section 8777.
  All money or property received by a cemetery authority for deposit in a special care fund shall be placed in the custody of the trustee...
• Section 8778.
  The following shall be eligible investments for all special care trusts:(a) Bonds of the United States or this state, or of any county, city, or city...
• Section 8778.5.
  Each special care trust fund established pursuant to this article shall be administered in compliance with the following requirements:(a) (1) The board of trustees shall honor a...
• Section 8779.
  Nothing in this article shall require liquidation or transmutation of any lawful investment existing on December 31, 1976, but any reinvestment shall be governed by...
• Section 8779.5.
  Each special care fund established pursuant to this article shall be held in trust and managed by either the board of trustees of the cemetery...

Last modified: October 22, 2018