Cal. Food & Agric. Code § 56701.5
56701.5
Effective Jan 1, 1998Added by Stats. 1997, Ch. 696, Sec. 88. Effective January 1, 1998. Repealed as of date prescribed by Section 56717.
- (a) No further claims shall be made against the products fund subsequent to January 1, 1998, and no further assessment may be collected for deposit in the fund after January 1, 1999.
- (b) The department shall continue to administer the products fund for the purpose of paying lawful charges accrued but not paid as of December 31, 1997. Upon completion of the last of these claims, the products fund shall cease to exist, and any funds remaining on deposit shall be distributed on a pro rata basis to then existing licensees.