Ca_Law

statute | California

Financial Code - FIN - FIN § 18499

  • UIDca_leginfo_codes:fin-18499
  • CitationFinancial Code - FIN - FIN § 18499
  • Court / bodyCalifornia Legislative Counsel
  • Decision dateN/A
  • CollectionPUBINFO_2025
  • SourceOriginal

Summary

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.

Text

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.

Retrieval chunks

  • #1 | Financial Code - FIN - FIN § 18499

    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.