§ 64306

64306. To the amount of assessments that are unpaid when due, the secretary may add a penalty of 10 percent. In addition, the secretary may assess interest at a rate of 1 percent of the unpaid balance for each 30 days the assessment is unpaid.(Amended by Stats. 2019, Ch. 304, Sec. 105. (AB 590) Effective January 1, 2020.)