California Statutes
§ 32721. — 32721. (Amended by Stats. 2004, Ch. 25, Sec. 16.)
California § 32721.
JurisdictionCalifornia
Code FINFinancial Code - FIN
Div. 15.5.DIVISION 15.5. STATE ASSISTANCE FUND FOR ENTERPRISE, BUSINESS AND INDUSTRIAL DEVELOPMENT CORPORATION
Ch. 6.CHAPTER 6. Miscellaneous
Art. 3.ARTICLE 3. Special Projects
This text of California § 32721. (32721. (Amended by Stats. 2004, Ch. 25, Sec. 16.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Cal. Financial Code - FIN Code § 32721. (2026).
Text
The board may consider and adopt rules for the acceptance and disbursement of grants, provided, however, that the cost of administering any grant, less any payment for grant administration made to the corporation by the granting authority, shall in no case exceed 5 percent of the operating budget of the corporation in any calendar year.
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Legislative History
Amended by Stats. 2004, Ch. 25, Sec. 16. Effective March 17, 2004.
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Bluebook (online)
California § 32721., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/FIN/32721..