Cal. Gov. Code § 12100.50

California Foreign Investment Program

Known as the Economic Revitalization Act

The act spans §§ 12096–12100 (63 sections).

Applied in 1 court decision — leading case Benjamin Kohn v. State Bar of California (2023)

Most recently applied in Benjamin Kohn v. State Bar of California (December 2023)

Added by renumbering Section 6315 by Stats. 2017, Ch. 13, Sec. 8

(a) This article shall be known and may be cited as the California Foreign Investment Program.

(b) For purposes of this chapter:

(1) “Public corporation” means the state, any political subdivision thereof, any incorporated municipality therein, any public agency of the state, of any political subdivision thereof, or of any municipality therein, or any corporate municipal instrumentality of this state or of this state and one or more other states.

(2) “EB-5 Investment Program” and the “Foreign Investment Program” means Section 203(b)(5) of the Immigration and Nationality Act (8 U.S.C. Sec. 1153(b)(5)).

Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.