BlackletterCalifornia law

Financial Code § 18499

ARTICLE 2. General

Current as of September 28, 2026Fin. Code, § 18499Official source ↗

Added by Stats. 1976, Ch. 964.

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.