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§ 407 — California Law | CourtGPT
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  2. Laws/
  3. California/
  4. Fin Code/
  5. Division 1 - Financial Institutions/
  6. Chapter 3 - Department of Financial Protection and Innovation/
  7. Article 6 - State Banking Account/
  8. § 407
California Legal Code

§ 407

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407. Whenever the commissioner makes an assessment pursuant to Section 405 or 406, the commissioner shall fix the date when the assessment is due and payable and shall mail or otherwise deliver to each bank and trust company assessed an invoice showing the amount of its assessment and the date when the assessment is due and payable.(Added by Stats. 2011, Ch. 243, Sec. 2. (SB 664) Effective January 1, 2012.)

Source: https://leginfo.legislature.ca.gov/faces/codes_displayText.xhtml?lawCode=FIN&division=1.&title=&part=&chapter=3.&article=6.· Version 2026