Statute · California Food and Agricultural Code

Cal. Food & Agric. Code § 52886 — San Joaquin Valley Cotton Board

Cal. Food & Agric. Code § 52886

Type
Statute
Source
California Food and Agricultural Code
Jurisdiction
California
Date
2009-01-01
Current through
Nov 2, 2026 (California Legislative Counsel)

Upon board action, all moneys received by any person from the assessments levied under the authority of Article 9.5 (commencing with Section 52951) of this chapter shall be deposited in banks designated by the board and shall be disbursed by order of the board through the agent or agents it…

Citator

Cal. Food & Agric. Code § 52886 — San Joaquin Valley Cotton Board is in force in the current edition of the Code, and nothing recorded condemns it.

Upon board action, all moneys received by any person from the assessments levied under the authority of Article 9.5 (commencing with Section 52951) of this chapter shall be deposited in banks designated by the board and shall be disbursed by order of the board through the agent or agents it designates for that purpose. Any designated agent shall be bonded by a fidelity bond, executed by a surety company authorized to transact business in California, in favor of the board, conditioned upon the faithful performance of the agent’s duties and the strict accounting of all funds of the board, in the amount determined by the board.