Section 8733 Of Article 2. Care Of Active Cemeteries From California Health And Safety Code >> Division 8. >> Part 3. >> Chapter 5. >> Article 2.
8733
. No sum in excess of 5 percent of the net income derived from
an endowment care fund, or special care fund, or both, in any year
shall be paid as compensation to the board of trustees for its
services as trustee. This amount shall be the total compensation from
the fund to be paid to a trustee for services. For purposes of this
section, "net income" means the amount of income remaining after
reasonable administrative expenses, including bookkeeping, postage,
taxes, and other costs directly related to generating income to the
trust fund, have been deducted from the gross income derived from the
fund.