Cal. Food & Agr. Code § 65027

Current through the 2023 Legislative Session.
Section 65027 - Disposition of funds

All funds received by any person from the assessments levied under this chapter or otherwise received by the council shall be deposited in banks designated by the council and shall be disbursed by order of the council through an agent or agents as it may designate for that purpose. A private agent or agents, other than the department, shall be bonded by a fidelity bond, executed by a surety company authorized to transact business in this state, in favor of the council, in an amount of not less than twenty-five thousand dollars ($25,000).

Ca. Food and Agric. Code § 65027

Added by Stats 2018 ch 410 (SB 965),s 2, eff. 1/1/2019.