Section 4706 Of Chapter 3. Alternative Method Of Distribution Of Tax Levies And Collections And Of Tax Sale Proceeds From California Revenue And Taxation Code >> Division 1. >> Part 8. >> Chapter 3.

. Upon completion of the computation of delinquent penalties on unpaid first installments as prescribed by Section 2617 of this code the auditor shall record the additional amount due on the secured taxes receivable accounts. The auditor shall similarly record the accountability for delinquent penalties and costs computed and entered on unpaid second installments as prescribed by Section 2627 of this code.