DIVISION 1. PROPERTY TAXATION 50-5911›PART 8. DISTRIBUTION 4651-4717›CHAPTER 1c. Redemptions 4656-4656.7
§ 4656.3
California Revenue and Taxation Code · 2026-09 edition · updated 2026-10-03 · California
Assessments, and all delinquent penalties, interest and redemption penalties accruing thereon, shall be distributed to each fund in the same proportion as the assessments due each fund bears to the total amount of assessments due at the time of payment.
(Added by Stats. 1974, Ch. 708.)
Get a plain-English answer with a citation back to this text.
Ask AI about this code