Laws, Regulations & Annotations
Business Taxes Law Guide – Revision 2019
Motor Vehicle Fuel Tax Law
CHAPTER 6. COLLECTION OF TAX.
Article 5. Sale of State-Acquired Property
7934. Distribution of proceeds. The Controller shall distribute the proceeds of the sale in the following order:
(a) The payment of all expenses of the sale.
(b) The payment of all amounts due from the supplier under this part.
(c) The remainder to the General Fund of the state.
History.—Stats. 1943, p. 2703, operative July 1, 1943, revised (b). Stats. 2000, Ch. 1053 (AB 2114), operative January 1, 2002, substitute "supplier" for "distributor" after "amounts due from the" in subdivision (b) and substituted "State" for "state" after "General Fund of the" in subdivision (c).