{"code":"RTC","codeName":"Revenue and Taxation Code","section":"4656.3","citation":"Rev. & Tax. Code, § 4656.3","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 1. PROPERTY TAXATION [50. - 5911.]","url":"https://blackletter.si/revenue-and-taxation-code/division-1"},{"name":"PART 8. DISTRIBUTION [4651. - 4717.]","url":"https://blackletter.si/revenue-and-taxation-code/division-1/part-8"},{"name":"CHAPTER 1c. Redemptions [4656. - 4656.7.]","url":"https://blackletter.si/revenue-and-taxation-code/division-1/part-8/chapter-1c"}],"history":"Added by Stats. 1974, Ch. 708.","effective":null,"html":"<p>Assessments, and all delinquent penalties, interest and redemption penalties accruing thereon, shall be distributed to each fund in the same proportion as the assessments due each fund bears to the total amount of assessments due at the time of payment.</p>","text":"Assessments, and all delinquent penalties, interest and redemption penalties accruing thereon, shall be distributed to each fund in the same proportion as the assessments due each fund bears to the total amount of assessments due at the time of payment.","otherVersions":[],"url":"https://blackletter.si/revenue-and-taxation-code/redemptions-4656-3","source":"California Legislative Information bulk export (pubinfo)"}