California Codes, Business and Professions Code - BPC, Division 5 — Weights and Measures, Chapter 14 — Fuels and Lubricants, Article 4 — Motor Oil Fee, Section 13432

The fees provided in Section 13431 are maximum fees and may be established at a lower rate by the secretary at any time the funds derived from such assessment are more than reasonably necessary to cover the cost of administration and enforcement of this chapter, including the maintenance of a reasonable reserve fund for such purposes.

Notes

Allows the secretary to set the motor-oil fees identified in the cited provision below their statutory maximum whenever assessment revenue exceeds the amount reasonably necessary to administer and enforce the chapter, including maintaining a reasonable reserve fund for those purposes.

Use as reference

Lexinter.net | California Code, Business and Professions Code - BPC § 13432 | https://laws.lexinter.net/codes/california/business-and-professions-code/division-5/chapter-14/article-4/section-13432

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