Section 79845 Of Article 3. Olive Oil Commission Of California From California Food And Agricultural Code >> Division 22. >> Part 2. >> Chapter 29. >> Article 3.
79845
. All moneys received by any person from assessments levied
under the authority of this chapter or otherwise received by the
commission shall be deposited in banks designated by the commission
board of directors and shall be disbursed by order of the commission
board of directors through an agent or agents designated for that
purpose. Any authorized agent or agents shall be bonded by a fidelity
bond, executed by a surety company authorized to transact business
in the state, in favor of the commission, in the amount of not less
than twenty-five thousand dollars ($25,000).