California Financial Code

§ 32404

Name: California Superior Court Tentative Rulings
Creator: DecisionDepot
License: https://creativecommons.org/licenses/by-nc/4.0/

FIN § 32404Div. 15.5 · Ch. 3 · Art. 1

Statute text

View on leginfo.ca.gov

Beginning with the fiscal year which begins July 1, 1982, and each fiscal year thereafter, the board shall not adopt any budget for the corporation in which the projected total operating expenditures exceed the expected balance of the general operating account.

Legislative history

Added by Stats. 1980, Ch. 819, Sec. 1.