DIVISION 1. FINANCIAL INSTITUTIONS 99-819›CHAPTER 3. Department of Business Oversight 300-414›ARTICLE 6. State Banking Account 405-414

§ 407

California Financial Code · 2020-11 edition · updated 2026-10-04 · California

Whenever the commissioner makes an assessment pursuant to Section 405 or 406, the commissioner shall fix the date when the assessment is due and payable and shall mail or otherwise deliver to each bank and trust company assessed an invoice showing the amount of its assessment and the date when the assessment is due and payable.

(Added by Stats. 2011, Ch. 243, Sec. 2. (SB 664) Effective January 1, 2012.)

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California Financial Code

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