California Law (Last Updated: March 4, 2014) |
Government Code - GOV |
Title 2. GOVERNMENT OF THE STATE OF CALIFORNIA |
Division 4. FISCAL AFFAIRS |
Part 2. STATE FUNDS |
Chapter 4.3. The Accounts Receivable Management Act |
Section 16583.
Latest version.
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(a) Each participant shall allocate collection resources based on giving highest priority to those accounts with the highest expected return.
(b) Each participant shall consult with the Franchise Tax Board or any other state agency that has successfully established an effective accounts receivable collection system.
(Added by Stats. 1994, Ch. 1224, Sec. 1. Effective January 1, 1995.)