A participant may impose a reasonable fee, not to exceed the actual costs, to recover the participant’s collection costs on a past due account.
Cal. Gov. Code § 16583.1
The Accounts Receivable Management Act
Known as the Accounts Receivable Management Act
The act spans §§ 16580–16586 (9 sections).
Added by Stats. 2009, 4th Ex
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.