Section 75655 Of Article 8. Continuation Or Suspension And Termination From California Food And Agricultural Code >> Division 22. >> Part 2. >> Chapter 13.5. >> Article 8.
75655
. After the effective date of the suspension, the operation of
the commission shall be concluded and any and all funds remaining,
held by the commission, and not required to defray the expenses of
concluding and terminating the operations of the commission, shall be
returned upon a pro rata basis to all persons from whom assessments
were collected in the immediately preceding marketing year. However,
if the commission finds that the amounts so returnable are so small
as to make impractical the computation and remitting of the pro rata
refund to these persons, any funds remaining, after the payment of
all expenses of winding up and terminating operations, shall be
withdrawn from the approved depository and paid into an appropriate
program conducted by the University of California or the California
State University, or another state agency that deals with the
purposes of this chapter. If no program exists, the funds shall be
paid into the State Treasury as unclaimed trust funds.