Section 408 Of Article 6. State Banking Account From California Financial Code >> Division 1. >> Chapter 3. >> Article 6.
408
. The commissioner, in addition to the annual assessment, shall
collect from each bank authorized to engage in the trust business, to
defray the cost of examination, a fee not to exceed seventy-five
dollars ($75) per hour for each examiner necessarily engaged in the
examination of the trust company, trust business, or trust
department. The commissioner shall assess the fee upon completion of
the examination of the trust company or trust business and shall mail
or otherwise deliver an invoice for the fee to the institution. The
institution shall pay the fee within 30 days after the invoice is
mailed or otherwise delivered to it.