The director may require assessed businesses to deposit with him or her in advance the following amounts:
(a) An amount for necessary expenses.
(b) An amount that shall not exceed 25 percent of the assessment to cover costs that are incurred prior to the receipt of sufficient funds from the assessment.
(c) The amount of any deposit that is required by the director shall be based upon the estimated assessment for the assessed business.
(Amended by Stats. 2013, Ch. 352, Sec. 275. (AB 1317) Effective September 26, 2013. Operative July 1, 2013, by Sec. 543 of Ch. 352.)
Last modified: October 25, 2018