{"code":"BPC","codeName":"Business and Professions Code","section":"7614.8","citation":"Bus. & Prof. Code, § 7614.8","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 3. PROFESSIONS AND VOCATIONS GENERALLY [5000. - 9998.12.]","url":"https://blackletter.si/business-and-professions-code/division-3"},{"name":"CHAPTER 12. Cemetery and Funeral Act [7600. - 7746.]","url":"https://blackletter.si/business-and-professions-code/division-3/chapter-12"},{"name":"ARTICLE 1.5. Definitions and Regulation of Cemeteries [7611. - 7614.9.]","url":"https://blackletter.si/business-and-professions-code/division-3/chapter-12/article-1.5"}],"history":"Added by Stats. 2015, Ch. 395, Sec. 13.   (AB 180)   Effective January 1, 2016.","effective":"2016-01-01","html":"<p>Any security or other evidence of debt if in default as to principal or interest or if not amply secured shall not be valued as an asset of the endowment care fund above its market value. </p>","text":"Any security or other evidence of debt if in default as to principal or interest or if not amply secured shall not be valued as an asset of the endowment care fund above its market value.","otherVersions":[],"url":"https://blackletter.si/business-and-professions-code/definitions-and-regulation-of-cemeteries-7614-8","source":"California Legislative Information bulk export (pubinfo)"}