Earlier editions: 2020-112018-11
DIVISION 3. PROFESSIONS AND VOCATIONS GENERALLY 5000-9998.12›CHAPTER 12. Cemetery and Funeral Act 7600-7746›ARTICLE 9. Preneed Funeral Arrangements 7735-7746
§ 7737.3
California Business and Professions Code · 2026 edition · updated 2026-10-04 · California
All commingled preneed trust funds held by a funeral establishment shall be subject to an annual, independent certified financial audit with a copy of the audit to be submitted to the bureau for review within 120 days of the close of the fund’s fiscal year. Any findings of noncompliance with existing law regarding preneed trust funds shall be identified by the auditor in a separate report for review and action by the bureau. Audits and reports of noncompliance shall be filed simultaneously.
(Amended by Stats. 2000, Ch. 568, Sec. 144. Effective January 1, 2001.)
Get a plain-English answer with a citation back to this text.
Ask AI about this code