§ 50825. Determination of Annual Net Worth.
22 CA ADC § 50825Barclays Official California Code of Regulations
22 CCR § 50825
§ 50825. Determination of Annual Net Worth.
(a) Annual net worth shall be determined by combining the net market value of all property, other than the property excluded in (c), and the net income reasonably expected to be received in a 12-month period by the persons whose property and income are considered in accordance with (b). The initial 12-month period shall begin on the first of the month of initial eligibility.
Credits
Note: Authority cited: Sections 10725 and 14124.5, Welfare and Institutions Code. Reference: Sections 11155, 11158, 14140, 14141, 14142 and 14144.5, Welfare and Institutions Code.
History
1. Amendment of subsections (a) and (c)(3) filed 5-16-80 as an emergency; effective upon filing (Register 80, No. 20). A Certificate of Compliance must be transmitted to OAH within 120 days or emergency language will be repealed on 9-14-80.
2. Certificate of Compliance filed 8-22-80 (Register 80, No. 34).
3. Amendment filed 7-19-82; effective thirtieth day thereafter (Register 82, No. 30).
4. Editorial correction of Note filed 11-10-83 (Register 83, No. 46).
5. Editorial correction of Note (Register 97, No. 37).
This database is current through 6/21/24 Register 2024, No. 25.
Cal. Admin. Code tit. 22, § 50825, 22 CA ADC § 50825
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