California § 63089.52. 63089.52. (Added by Stats. 2013, Ch. 537, Sec. 4.)

California Statutes

§ 63089.52. — 63089.52. (Added by Stats. 2013, Ch. 537, Sec. 4.)

California § 63089.52.

JurisdictionCalifornia

Code GOVGovernment Code - GOV

Div.1.

Title 6.7.DIVISION 1. THE BERGESON-PEACE INFRASTRUCTURE AND ECONOMIC DEVELOPMENT BANK ACT

Ch. 6.CHAPTER 6. Small Business Financial Assistance Act of 2013

Art. 5.ARTICLE 5. Expansion Fund and Trust Fund

This text of California § 63089.52. (63089.52. (Added by Stats. 2013, Ch. 537, Sec. 4.)) 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. Government Code - GOV Code § 63089.52. (2026).

Text

(a)The program manager, at his or her discretion, with the approval of the executive director, may request the trustee to invest those moneys in the trust fund in any of the securities described in Section 16430. Returns from these investments shall be deposited in the expansion fund and shall be used to support the programs of this chapter.

(b)Any investments made in securities described in Section 16430 shall be governed by the investment policy approved by the bank board.

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(a)
The program manager, at his or her discretion, with the approval of the executive director, may request the trustee to invest those moneys in the trust fund in any of the securities described in Section 16430. Returns from these investments shall be deposited in the expansion fund and shall be used to support the programs of this chapter.
(b)
Any investments made in securities described in Section 16430 shall be governed by the investment policy approved by the bank board.