California Business and Professions Code
§ 19491.6
BPC § 19491.6Div. 8 · Ch. 4 · Art. 4
Statute text
View on leginfo.ca.govExcept as provided in subdivision (b) of Section 19612, the exempt amount retained by the association shall be regularly deposited in a separate account with a depository approved by the board. The funds deposited shall be distributed as purses.
Legislative history
Amended by Stats. 1980, Ch. 1043, Sec. 9.