California § 18499 - Expenses of administration that exceed income from investments at year end shall
Full text of California Public Contract Code - PCC § 18499 — Expenses of administration that exceed income from investments at year end shall, with citation guidance and answers to common questions.
§ 18499. Expenses of administration that exceed income from investments at year end shall
Expenses of administration that exceed income from investments at year end shall be charged to membersâ accounts. Each memberâs account shall be charged ratably based on the account balance for the amount of the excess.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 18499
What does Public Contract Code - PCC § 18499 cover?
Section 18499 ("Expenses of administration that exceed income from investments at year end shall") is part of the Public Contract Code - PCC, the codified statutory law of California. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite California § 18499?
A common citation format is "Public Contract Code - PCC § 18499" (California). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of California law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the California official source linked on this page or consult a licensed California attorney.
How does California § 18499 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in California can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in California.