California Food and Agricultural Code

§ 77068

FAC § 77068 Effective Apr 30, 1987Div. 22 · Part 2 · Ch. 16.5 · Art. 3

Statute text

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

Legislative history

Added by Stats. 1987, Ch. 12, Sec. 1. Effective April 30, 1987.