Cal. Code Regs. tit. 16 § 2350

Current through Register 2024 Notice Reg. No. 49, December 6, 2024

Section 2350 - Endowment Care Fund Reports

(a) The annual audit report required pursuant to Section 7612.6(b) of the Code shall be prepared and signed by a licensed independent certified public accountant or public accountant, and shall fully and accurately disclose the financial position of the endowment care fund. The annual audit report shall not contain disclaimers or qualifications such as to preclude the rendering of an unmodified opinion.

(b) As part of its annual report, a cemetery authority approved for conversion of its endowment care fund to the unitrust distribution method shall provide a copy of all documents that were created, updated, or changed since its approval by the bureau including all relevant trust documents and information provided to the bureau in Section 2334.

Cal. Code Regs. Tit. 16, § 2350

1. New section filed 9-30-57; effective thirtieth day thereafter (Register 57, No. 17).
2. Amendment filed 6-25-80; effective thirtieth day thereafter (Register 80, No. 26).
3. Amendment filed 8-24-82; effective thirtieth day thereafter (Register 82, No. 35).
4. Amendment of section and NOTE filed 1-5-2022; operative 1-5-2022 pursuant to Government Code section 11343.4(b)(3) (Register 2022, No. 1).

Note: Authority cited: Section 7606, Business and Professions Code; and Section 8726.2, Health and Safety Code. Reference: Section 7612.6, Business and Professions Code; and Section 8726.2, Health and Safety Code.

1. New section filed 9-30-57; effective thirtieth day thereafter (Register 57, No. 17).
2. Amendment filed 6-25-80; effective thirtieth day thereafter (Register 80, No. 26).
3. Amendment filed 8-24-82; effective thirtieth day thereafter (Register 82, No. 35).
4. Amendment of section and Note filed 1-5-2022; operative 1/5/2022 pursuant to Government Code section 11343.4(b)(3) (Register 2022, No. 1).