Code of Maryland Regulations
Title 09 - MARYLAND DEPARTMENT OF LABOR
Subtitle 34 - OFFICE OF CEMETERY OVERSIGHT
Chapter 09.34.02 - Perpetual Care
Section 09.34.02.02 - Definition

Universal Citation: MD Code Reg 09.34.02.02

Current through Register Vol. 51, No. 19, September 20, 2024

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.

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