BlackletterCalifornia law

Government Code § 16583

CHAPTER 4.3. The Accounts Receivable Management Act

Current as of September 28, 2026Gov. Code, § 16583Official source ↗

Added by Stats. 1994, Ch. 1224, Sec. 1. Effective January 1, 1995.

(a) Each participant shall allocate collection resources based on giving highest priority to those accounts with the highest expected return.

(b) Each participant shall consult with the Franchise Tax Board or any other state agency that has successfully established an effective accounts receivable collection system.