California Corporations Code

§ 14019

CORP § 14019 Effective Oct 4, 2013Div. 3 · Title 1 · Part 5 · Ch. 1 · Art. 6

Statute text

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.

Legislative history

Added by Stats. 2013, Ch. 537, Sec. 2. (AB 1247) Effective October 4, 2013.