DIVISION 7. INDUSTRIAL LOAN COMPANIES 18000-18707›CHAPTER 7. Guarantee of Thrift Accounts 18475-18538›ARTICLE 2. General 18490-18512
§ 18499
California Financial Code · 2020-11 edition · updated 2026-10-04 · California
Expenses of administration that exceed income from investments at year end shall be charged to members’ accounts. Each member’s account shall be charged ratably based on the account balance for the amount of the excess.
(Added by Stats. 1976, Ch. 964.)
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