Notwithstanding Section 7137, the board shall fix fees to be collected pursuant to that section in order to generate revenues sufficient to maintain the board’s reserve fund at a level not to exceed approximately 12 months of annual authorized board expenditures.
Cal. Bus. & Prof. Code § 7138.1
Revenue
Amended by Stats. 2025, Ch. 233, Sec. 5
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.