Fin. Code, § 32402 · Article 1. Corporate Accounts
Fin. Code, § 32402
Verbatim from the official edition
Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
In addition to other accounts the board may establish, the financial accounts of the corporation shall include:
(a) A general operating account.
(b) A general reserve account.
(c) An enterprise loan fund.
(d) A government guaranteed securities trust fund.
Notes and commentary — not statutory text
History
Amended by Stats. 1989, Ch. 1040, Sec. 15.
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=32402.
- Text hash
- sha256 f8ef5046cf5aa630d524c45e2cf964cad486c9133927e3081f21943d6ec1e3a2
- 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.