Section 76383 Of Article 8. Continuation Or Suspension And Termination From California Food And Agricultural Code >> Division 22. >> Part 2. >> Chapter 15. >> Article 8.
76383
. After the effective date of suspension of the operation of
this chapter, the operation of the commission shall be concluded and
any and all funds remaining held by the commission, collected by
assessment and not required to defray the expenses of concluding and
terminating 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 prorate refund to
these persons, any funds remaining after 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winding up and terminating operations shall be withdrawn from the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
system, another state agency, or a federal 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.