California Statutes
§ 32822. — 32822. (Amended by Stats. 1983, Ch. 323, Sec. 31.5.)
California § 32822.
JurisdictionCalifornia
Code FINFinancial Code - FIN
Div. 15.5.DIVISION 15.5. STATE ASSISTANCE FUND FOR ENTERPRISE, BUSINESS AND INDUSTRIAL DEVELOPMENT CORPORATION
Ch. 7.CHAPTER 7. Borrowing From the State
Art. 3.ARTICLE 3. Borrowing from the Fund
This text of California § 32822. (32822. (Amended by Stats. 1983, Ch. 323, Sec. 31.5.)) 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 § 32822. (2026).
Text
Within five working days after receipt of an application from the corporation for a loan from the fund, the Controller shall disburse the proceeds of the loan to the corporation, unless:
(a)The corporation is in default on any previous loan from the fund; or
(b)In order to lend the amount requested by the corporation, the Controller would be required to transfer to the fund amounts which cumulatively would exceed the maximum amount specified in Section 32812.
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Legislative History
Amended by Stats. 1983, Ch. 323, Sec. 31.5. Effective July 1, 1983.
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Bluebook (online)
California § 32822., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/FIN/32822..