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Cal. Financial Code § 18499

Cal. Financial Code § 18499

California · California Financial Code · Status: effective

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Cal. Financial Code § 18499, California, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/815306
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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.