To the amount of fees which are unpaid when due, the secretary may add a penalty of 10 percent. In addition, the secretary may assess interest at a rate of 1 percent of the unpaid balance for each 30 days the assessment is unpaid.
(Amended by Stats. 2012, Ch. 323, Sec. 15. (AB 2682) Effective January 1, 2013.)
Last modified: October 25, 2018