California Law (Last Updated: March 4, 2014) |
Corporations Code - CORP |
Title 1. CORPORATIONS |
Division 3. CORPORATIONS FOR SPECIFIC PURPOSES |
Part 5. SMALL BUSINESSES |
Chapter 1. California Small Business Financial Development Corporations |
ARTICLE 6. Corporations, Miscellaneous |
Section 14019.
Latest version.
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Reasonable costs incurred by a corporation in the creation and maintenance of a central staff shall be paid to the corporation from state funds, including a portion of the interest earned on the expansion fund and the corporation's trust fund account, if the corporation has a trust fund account, otherwise, on the expansion fund.
(Added by Stats. 2013, Ch. 537, Sec. 2. Effective October 4, 2013.)