CA Gov't Code Section 53683

Notwithstanding any other provision in this article, the consideration payable by the agency as specified in subdivision (e) of Section 53682 shall be paid by the treasurer by applying such consideration as costs applied on a pro rata basis against the interest earned by all the agencies for which the treasurer invests.

Source: Section 53683, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=GOV§ionNum=53683..

Last Updated

Aug. 19, 2023

§ 53683’s source at ca.gov

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Location: https://california.public.law/codes/ca_gov't_code_section_53683

Original Source: Section 53683, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=GOV§ionNum=53683. (last accessed Aug. 19, 2023).