California Statutes
§ 22556. — 22556. (Amended by Stats. 2019, Ch. 24, Sec. 20.)
California·Code GOV Government Code - GOV·Div. 5.·Title 2. DIVISION 5. PERSONNEL·Part 4. PART 4. FEDERAL OLD AGE AND SURVIVORS' INSURANCE·Ch. 3. CHAPTER 3. Administration of Old Age and Survivors’ Insurance Program·Art. 2. ARTICLE 2. Administrative Cost Assessment and Financial Obligations
A public agency on whose behalf the board has made advances of money pursuant to Section 22601 shall reimburse the state the amount of the advances, with interest at the rate of 7 percent per annum from the time of the advance, unless the amount of interest, if charged, would be less than one dollar ($1). The interest when collected shall be paid into the Treasury and credited as revenue to the General Fund.
Free access — add to your briefcase to read the full text and ask questions with AI
California § 22556. (22556. (Amended by Stats. 2019, Ch. 24, Sec. 20.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Amended by Stats. 2019, Ch. 24, Sec. 20. (SB 83) Effective June 27, 2019.