§ 4656.3
40 words·~1 min read·
/ca/revenue-and-taxation-code/4656-3A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Assessments, and all delinquent penalties, interest and redemption penalties accruing thereon, shall be distributed to each fund in the same proportion as the assessments due each fund bears to the total amount of assessments due at the time of payment.