Realized capital gains of a perpetual care trust fund are not income of the perpetual care trust fund and shall be deposited in the perpetual care trust fund as principal.

Authority: Business Regulation Article, §§5-204 5-605, and 5-606, Annotated Code of Maryland

Effective date: February 13, 2006 (33:3 Md. R. 241)

Regulation .01 amended effective April 29, 2024 (51:8 Md. R. 366)

Regulation .03 amended effective May 8, 2017 (44:9 Md. R. 438)