Cal. Sts. & Hy. Code § 5325

Current through the 2023 Legislative Session.
Section 5325 - Interest

If the State of California or such department thereof does not pay the amount of money assessed within 30 days after the effective date of the legislation making the appropriation to pay the assessment, the amount of money assessed shall bear interest at the rate of 6 percent per annum until paid, commencing with the 31st day after the effective date of such appropriation.

Ca. Sts. and High. Code § 5325

Added by Stats. 1969, Ch. 1219.