Section 77194 Of Article 8. Continuation Or Suspension And Termination From California Food And Agricultural Code >> Division 22. >> Part 2. >> Chapter 16.5. >> Article 8.
77194
. 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 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terminating operations shall be withdrawn from the approved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, another
state agency, or a federal agency which deals with the purposes of
this chapter. If no program exists, the funds shall be paid into the
State Treasury as unclaimed trust funds.