Statute · California Financial Code
Cal. Fin. Code § 18499 — General
Cal. Fin. Code § 18499
- Type
- Statute
- Source
- California Financial Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
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.
Citator
Cal. Fin. Code § 18499 — General is in force in the current edition of the Code, and nothing recorded condemns it.
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.