California Financial Code

§ 18499

Name: California Superior Court Tentative Rulings
Creator: DecisionDepot
License: https://creativecommons.org/licenses/by-nc/4.0/

FIN § 18499Div. 7 · Ch. 7 · Art. 2

Statute text

View on leginfo.ca.gov

Expenses of administration that exceed income from investments at year end shall be charged to members’ accounts. Each member’s account shall be charged ratably based on the account balance for the amount of the excess.

Legislative history

Added by Stats. 1976, Ch. 964.