Md. Code Regs. 09.34.02.02

Current through Register Vol. 51, No. 24, December 2, 2024

Section 09.34.02.02 - Definition

A. In this chapter, the following term has the meaning indicated.

B. Income of a Perpetual Care Trust Fund.

(1) "Income of a perpetual care trust fund" means interest or dividends earned on the perpetual care trust fund.

(2) "Income of a perpetual care trust fund" does not include realized capital gains of a perpetual care trust fund.

Md. Code Regs. 09.34.02.02