Section 20822 Of Chapter 3. Financing From California Revenue And Taxation Code >> Division 2. >> Part 10.6. >> Chapter 3.

. Each participating county shall establish a Property Tax Deferral Fund within its treasury. Expenditures from this fund shall be for the sole purposes of making property tax deferment subvention payments pursuant to subdivision (c) of Section 20811 and offsetting the county's administrative costs, as described in Section 20820.