Burial insurance with no cash surrender value shall be exempt. Burial insurance with a cash surrender value shall be considered a revocable burial fund and shall be treated as provided for in section 50479.
Cal. Code Regs. Tit. 22, § 50476
2. Certificate of Compliance filed 6-6-80 (Register 80, No. 23).
3. Amendment filed 5-29-91; operative 6-28-91 (Register 91, No. 31).
Note: Authority cited: Sections 10725 and 14124.5, Welfare and Institutions Code. Reference: Sections 11158, 12152 and 14006, Welfare and Institutions Code; and Section 416.1231, Title 20, Code of Federal Regulations.
2. Certificate of Compliance filed 6-6-80 (Register 80, No. 23).
3. Amendment filed 5-29-91; operative 6-28-91 (Register 91, No. 31).