California Code of Regulations
Title 10 - Investment
Chapter 8 - California Industrial Development Financing Advisory Commission
Article 3 - Actions
Section 6070 - Fees
Current through Register 2024 Notice Reg. No. 38, September 20, 2024
The Commission shall charge fees commensurate with its direct expenses and those of the State Treasurer.
(a) The minimum fee for each applicant submitted with each application shall be one thousand two hundred fifty dollars ($1,250).
(b) The general fee shall be one quarter of one percent (.0025) of the total amount of the bonds issued for bonds up to a maximum of $10 million. For bonds issued above $10 million and up to $20 million, the general fee shall be twenty-five thousand dollars ($25,000.00). For bonds issued over $20 million, the general fee shall be negotiated, to cover any additional direct expenses that may be incurred by the Commission, but in no event shall the general fee be less than twenty-five thousand dollars ($25,000.00). The general fee shall be payable within ten (10) days after delivery of the bonds. The general fee shall be in addition to the minimum application fee of one thousand two hundred fifty dollars ($1,250).
1. Amendment filed
12-29-82 designated effective 1-1-83 pursuant to Government Code Section
11346.2(d)
(Register 83, No. 1).
2. Amendment filed 7-25-88; operative 7-25-88
(Register 88, No. 33).
3. Amendment of subsections (a) and (b) filed
7-2-2002; operative 7-2-2002 pursuant to Government Code section
11343.4
(Register 2002, No. 27).
Note: Authority cited: Section 91553, Government Code. Reference: Section 91553, Government Code.
