DIVISION 22. MARKETING ADVISORY AND PROMOTIONAL AGENCY LAWS 63901-79902›PART 2. MARKETING ADVISORY AND PROMOTIONAL COUNCILS AND COMMISSIONS 64001-79902›CHAPTER 29. Olive Oil Commission of California 79800-79902›ARTICLE 3. Olive Oil Commission of California 79831-79846
§ 79845
California Food and Agricultural Code · 2018-11 edition · updated 2026-10-04 · California
All moneys received by any person from assessments levied under the authority of this chapter or otherwise received by the commission shall be deposited in banks designated by the commission board of directors and shall be disbursed by order of the commission board of directors through an agent or agents designated for that purpose. Any authorized agent or agents shall be bonded by a fidelity bond, executed by a surety company authorized to transact business in the state, in favor of the commission, in the amount of not less than twenty-five thousand dollars ($25,000).
(Added by Stats. 2013, Ch. 344, Sec. 1. (SB 250) Effective January 1, 2014.)
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