Section 102.100 - Assessment for Support of Department(a) The proportion of operating costs and expenses to be assessed against each association shall be the sum of the products of the base assessment rate, or a percentage of the base assessment rate, and the segregated portions of the association's total assets, according to the following table. The base assessment rate shall be determined using the amount of the budget for the ensuing fiscal year plus a reasonable reserve for contingencies and considering the existing surplus and revenue from other sources. The association assets shall be the amount shown on the monthly reports of associations to the commissioner dated April 30. Total Assets | Percentage of Base |
(In Millions or Fractions of Millions) | Assessment Rate |
| First $1 | 100.0% | |
| Next $9 | 25.0% | |
| Next $40 | 15.5% | |
| Next $50 | 12.5% | |
| Next $400 | 9.5% | |
| Next $500 | 7.5% | |
| Next $2,000 | 5.5% | |
| Next $7,000 | 3.5% | |
| Next $5,000 | 2.0% | |
| Excess over $15,000 | 1.0% | |
(b) In the levy and collection of an annual assessment under this subchapter, no association shall be assessed for nor permitted to pay less than Twenty Thousand Dollars ($20,000.00).Cal. Code Regs. Tit. 10, § 102.100
1. Change without regulatory effect renumbering former Section 246 to Section 102.100 (Register 87, No. 14). For prior history, see Register 86, No. 18. Note: Authority cited: Section 8031 and 8053, Financial Code. Reference: Sections 8030 and 8031, Financial Code.
1. Change without regulatory effect renumbering former Section 246 to Section 102.100 (Register 87, No. 14). For prior history, see Register 86, No. 18.