Fin. Code, § 32101 · Article 2. Legislative Purposes
Fin. Code, § 32101
Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
The purposes of this division are the following:
(a) To enhance the availability of financial assistance for small business in California.
(b) To increase the cost effectiveness and efficiency of financial assistance to small businesses provided by the state.
(c) To provide maximum utilization of available federal assistance programs, including, but not limited to, the Small Business Administration’s loan guarantee program.
(d) To reduce duplication and overlap in the provisions of financing assistance to small businesses through increased coordination and direction of state assistance programs.
(e) To provide the maximum degree of leverage of the limited state resources available to assist small business, consistent with sound business practices and fiduciary responsibility.
(f) To increase the competitiveness of California’s small businesses in the world economy and the creation of jobs.
Notes and commentary — not statutory text
History
Repealed and added by Stats. 1989, Ch. 1040, Sec. 5.
Source of truth
- Edition
- As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
- Official file
- https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=FIN§ionNum=32101.
- Text hash
- sha256 7a575d76300669c3102eb586b437ddee0fe8292ab75e1920eba9c246af71bbee
- Composed by
- compose_ca.py 2026-10-22: the Legislative Counsel's CAML content files read by a tokenizer (caml_readers.reader_a); an independent xml.etree reading (caml_readers.reader_b) agrees on every section
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.