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Bus. & Prof. Code, § 7614.8 · Article 1.5. Definitions and Regulation of Cemeteries

Bus. & Prof. Code, § 7614.8

Verbatim from the official edition

Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)

Any security or other evidence of debt if in default as to principal or interest or if not amply secured shall not be valued as an asset of the endowment care fund above its market value.

Notes and commentary — not statutory text

History

Added by Stats. 2015, Ch. 395, Sec. 13. (AB 180) Effective January 1, 2016.

Source of truth

Edition
As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
Official file
https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=BPC&sectionNum=7614.8.
Text hash
sha256 fee2010ec8ce12cf175c2c40cc7f9ea54d5abd1b5562c555f64a0a8b21146cd8
Composed by
compose_ca.py 2026-10-22: the Legislative Counsel's CAML content files read by a tokenizer (caml_readers.reader_a); an independent xml.etree reading (caml_readers.reader_b) agrees on every section

Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.