§ 16583

Added by Stats. 1994, Ch. 1224, Sec. 1. Effective January 1, 1995.
(a)Each participant shall allocate collection resources based on giving highest priority to those accounts with the highest expected return.
(b)Each participant shall consult with the Franchise Tax Board or any other state agency that has successfully established an effective accounts receivable collection system.

Other sections in Chapter 4.3 - The Accounts Receivable Management Act

This content is for reference, learning, and study purposes only. All legal text should be verified against the official California Legislative Information website, which is the authoritative source for California law. Data last processed: February 15, 2026.