Statute · California Business and Professions Code
Cal. Bus. & Prof. Code § 7588.3 — Revenue
Cal. Bus. & Prof. Code § 7588.3
- Type
- Statute
- Source
- California Business and Professions Code
- Jurisdiction
- California
- Date
- 1995-01-01
- Current through
- Nov 2, 2026 (California Legislative Counsel)
All money derived from the licensing and regulation of persons licensed under this chapter shall be expended exclusively on the licensing and regulation of these persons. If, at the end of any fiscal year, the money derived from this licensing and not expended pursuant to this section is an…
Citator
Cal. Bus. & Prof. Code § 7588.3 — Revenue is in force in the current edition of the Code, and nothing recorded condemns it.
All money derived from the licensing and regulation of persons licensed under this chapter shall be expended exclusively on the licensing and regulation of these persons. If, at the end of any fiscal year, the money derived from this licensing and not expended pursuant to this section is an amount which equals or is more than the money necessary for the regulation of licensees for the next two fiscal years, license or other fees shall be reduced during the following fiscal year in an amount which will reduce any surplus money derived from the licensing to an amount less than the money expended for the regulation of licensees for the next two fiscal years.