Statute · California Financial Code
Cal. Fin. Code § 17324 — Membership Fee and Assessments
Cal. Fin. Code § 17324
- Type
- Statute
- Source
- California Financial Code
- Jurisdiction
- California
- Date
- 1988-09-28
- Current through
- Nov 2, 2026 (California Legislative Counsel)
Any reduction in the membership fund caused by payment of an extraordinary expense pursuant to subdivision (a) of Section 17320 or payment of claims pursuant to subdivision (c) of Section 17320 shall be replenished by the operations fund or the fidelity fund, as appropriate. The next assessment…
Citator
Cal. Fin. Code § 17324 — Membership Fee and Assessments is in force in the current edition of the Code, and nothing recorded condemns it.
Any reduction in the membership fund caused by payment of an extraordinary expense pursuant to subdivision (a) of Section 17320 or payment of claims pursuant to subdivision (c) of Section 17320 shall be replenished by the operations fund or the fidelity fund, as appropriate. The next assessment for the operations fund or the fidelity fund, as appropriate, shall include an amount necessary for that replenishment.