§ 1602 Agreements for payment of state's proportionate share of costs

§ 1602. Agreements for payment of state's proportionate share of costs

    The Controller is authorized to enter into agreements establishing the time and manner for payments of this State's proportionate share of the actual and necessary cost incurred by the United States in examining records and reporting information to this State assuch share of such cost shall be determined pursuant to federal law. Said agreements may provide for single payments at stated times over a period of years. The State Controller shall make all payments at the time and in the manner provided in said agreements.