Is Cal. Rev. & Tax. Code § 9432 — Distribution of Proceeds still in force?

Statute · California Revenue and Taxation Code

Cal. Rev. & Tax. Code § 9432 — Distribution of Proceeds

Cal. Rev. & Tax. Code § 9432

Type: Statute
Source: California Revenue and Taxation Code
Jurisdiction: California
Date: 2005-10-04
Current through: Nov 2, 2026 (California Legislative Counsel)

Citator

Cal. Rev. & Tax. Code § 9432 — Distribution of Proceeds is in force in the current edition of the Code, and nothing recorded condemns it.

The board shall transmit all moneys received by it under this chapter to the Treasurer to be deposited in the State Treasury. The board in accordance with the Treasurer shall set up a reserve account in the State Treasury to disburse those moneys as needed. After distribution payments to other jurisdictions and refunds authorized by the IFTA, the balance remaining in the reserve account shall be transferred, except as provided in Section 9433, to the Motor Vehicle Fuel Account in the Transportation Tax Fund.