Cal. GOV § 8856
This is the official text of Cal. GOV § 8856, part of California’s Government Code — covers the structure and operation of state and local government, including public employment and public records.
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Official statutory text
In carrying out the purposes of this chapter, the commission may charge fees to the lead underwriter, the purchaser, or the lender in an amount equal to one-fortieth of 1 percent of the principal amount of the issue, but not to exceed five thousand dollars ($5,000) for any one issue. Amounts received under this section shall be deposited in the California Debt and Investment Advisory Commission Fund, which is hereby created in the State Treasury. All money in the fund shall be available, when appropriated, for expenses of the commission and the Treasurer.
Status: in_force · Read it on the official government site
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