California Law (Last Updated: March 4, 2014) |
Business and Professions Code - BPC |
Division 3. PROFESSIONS AND VOCATIONS GENERALLY |
Chapter 19. Cemeteries |
ARTICLE 3. Regulation of Cemeteries |
Section 9656.45.
Latest version.
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Notwithstanding any other provision of law, the bureau shall be the custodian of all moneys collected or surrendered pursuant to Sections 9656.1 and 9656.2. As custodian, the bureau may deposit those moneys, or any part thereof, without court approval, in any of the following: a bank or trust company legally authorized and empowered by the state to act as a trustee in the handling of trust funds; in a centralized State Treasury system bank account; or in funds administered by the State Treasurer.
(Amended by Stats. 2000, Ch. 568, Sec. 168. Effective January 1, 2001.)