California Code
DIVISION 15.5 - STATE ASSISTANCE FUND FOR ENTERPRISE, BUSINESS AND INDUSTRIAL DEVELOPMENT CORPORATION
CHAPTER 2 - Corporate Matters

ARTICLE 1 - Creation of the Corporation

Section 32300. - 32300. The Legislature hereby authorizes the creation of a nonprofit...

Section 32301. - 32301. Except as otherwise provided in this division: (a) The...

ARTICLE 2 - Corporate Name

Section 32310. - 32310. The name of this corporation shall be: State Assistance...

ARTICLE 3 - Board of Directors

Section 32320. - 32320. Except as provided in Sections 32325 and 32352.5, the...

Section 32321. - 32321. (a) The official members of the board shall be:...

Section 32322. - 32322. (a) The terms of official members of the board...

Section 32323. - 32323. (a) The directors selected and appointed by the Governor,...

Section 32324. - 32324. (a) The official directors shall serve without compensation, except...

Section 32325. - 32325. If the corporation becomes a federal Community Development Financial...

Section 32326. - 32326. The board of directors of the corporation shall establish...

ARTICLE 4 - Management of the Corporation

Section 32330. - 32330. The management of the corporation shall be conducted by...

Section 32331. - 32331. The operations of the corporation shall be directed by...

Section 32332. - 32332. The corporation shall adopt bylaws, which shall include provisions...

ARTICLE 6 - Powers, Exclusions and Prohibitions

Section 32350. - 32350. (a) The corporation may appoint such agents and employees...

Section 32351. - 32351. The corporation shall not provide financing assistance to any...

Section 32352. - 32352. The corporation shall (a) be empowered to do and...

Section 32352.5. - 32352.5. (a) If the corporation becomes a small business development...