§ 65027
93 words·~1 min read·
/ca/food-and-agricultural-code/65027·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
All funds received by any person from the assessments levied under this chapter or otherwise received by the council shall be deposited in banks designated by the council and shall be disbursed by order of the council through an agent or agents as it may designate for that purpose. A private agent or agents, other than the department, shall be bonded by a fidelity bond, executed by a surety company authorized to transact business in this state, in favor of the council, in an amount of not less than twenty-five thousand dollars ($25,000).