California Business and Professions Code 6590 – All fees collected by the bureau shall be paid into the Professional …
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All fees collected by the bureau shall be paid into the Professional Fiduciary Fund in the State Treasury, which is hereby created. The money in the fund shall be available to the bureau for expenditure for the purposes of this chapter only upon appropriation by the Legislature.
(Added by Stats. 2006, Ch. 491, Sec. 3. Effective January 1, 2007.)
Terms Used In California Business and Professions Code 6590
- Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
- Bureau: means the Professional Fiduciaries Bureau within the Department of Consumer Affairs, established pursuant to Section 6510. See California Business and Professions Code 6501
- Fiduciary: A trustee, executor, or administrator.
- State: means the State of California, unless applied to the different parts of the United States. See California Business and Professions Code 21