Section 22556 Of Article 2. Administrative Cost Assessment And Financial Obligations From California Government Code >> Division 5. >> Title 2. >> Part 4. >> Chapter 3. >> Article 2.
22556
. Any public agency on whose behalf the board has made any
advances of money as provided in Section 22601 shall reimburse the
State in the amount of any such advances, together with interest at
the rate of 6 percent per annum from the time of such advance;
provided, that there shall be no interest charge in any instance in
which the amount of interest, if charged, would be less than one
dollar ($1). Such interest when collected shall be paid into the
Treasury and credited as revenue to the General Fund.