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Business and Professions Code § 19491.6

‹ § 19491.5§ 19491.7Open in browserleginfo ↗

19491.6.

Except as provided in subdivision (b) of Section 19612, the exempt amount retained by the association shall be regularly deposited in a separate account with a depository approved by the board. The funds deposited shall be distributed as purses.

(Amended by Stats. 1980, Ch. 1043, Sec. 9.)