{"code":"PRC","codeName":"Public Resources Code","section":"36993","citation":"Pub. Resources Code, § 36993","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 27. OCEAN RESOURCES MANAGEMENT [36000. - 36995.]","url":"https://blackletter.si/public-resources-code/division-27"},{"name":"CHAPTER 8. The California Ocean Resources Stewardship Act of 2000 [36970. - 36995.]","url":"https://blackletter.si/public-resources-code/division-27/chapter-8"},{"name":"ARTICLE 4. California Ocean Science Trust [36990. - 36995.]","url":"https://blackletter.si/public-resources-code/division-27/chapter-8/article-4"}],"history":"Added by Stats. 2000, Ch. 516, Sec. 1.   Effective January 1, 2001.","effective":"2001-01-01","html":"<p>(a) Any person who might reasonably be expected at some time to derive a direct financial benefit from the activities of the trust shall be ineligible to serve as a trustee.</p><p>(b) Subject to the approval of the Secretary for Resources, the trustees shall adopt definitions and rules for the trust with respect to indirect conflicts of interest.</p><p>(c) All trustees shall serve without compensation. However, trustees may be reimbursed by the trust for reasonable expenses.</p>","text":"(a) Any person who might reasonably be expected at some time to derive a direct financial benefit from the activities of the trust shall be ineligible to serve as a trustee. (b) Subject to the approval of the Secretary for Resources, the trustees shall adopt definitions and rules for the trust with respect to indirect conflicts of interest. (c) All trustees shall serve without compensation. However, trustees may be reimbursed by the trust for reasonable expenses.","otherVersions":[],"url":"https://blackletter.si/public-resources-code/california-ocean-science-trust-36993","source":"California Legislative Information bulk export (pubinfo)"}