Section 7086.9 - [Effective until 6/30/2024] Approval time of 90 days(a) The registrar or their designee shall not approve a claim seeking payment pursuant to the program until at least 90 days after the date of the action described in Section 7086.4 or 7086.5 on which the consumer bases their claim of eligibility.(b) If the registrar or their designee approves payment pursuant to the program to an eligible claimant, the board will forward a copy of the approval of the eligible claim to the accounting office of the Department of Consumer Affairs.(c) The accounting office shall not commence procedures for the disbursement of money pursuant to an approval of payment from the board until 90 days after the date on which the registrar or their designee approved the eligible claim.(d) The accounting office shall, on or before February 1 of each year, prepare and submit to the board a statement of the condition of the moneys appropriated to the program that is prepared in accordance with generally accepted accounting principles.Ca. Bus. and Prof. Code § 7086.9
Added by Stats 2021 ch 77 (AB 137),s 1, eff. 7/16/2021.