Statute · California Government Code
Cal. Gov't Code § 50914 — Contributions and Surplus
Cal. Gov't Code § 50914
- Type
- Statute
- Source
- California Government Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
If the amount in the fund exceeds the amount required for disbursal, the excess shall be transferred to the general fund of the local agency and no longer under the control of the board. The amount required for disbursement is deemed the average amount per year disbursed during the next…
Citator
Cal. Gov't Code § 50914 — Contributions and Surplus is in force in the current edition of the Code, and nothing recorded condemns it.
If the amount in the fund exceeds the amount required for disbursal, the excess shall be transferred to the general fund of the local agency and no longer under the control of the board. The amount required for disbursement is deemed the average amount per year disbursed during the next preceding three years.