The Director of Finance, with the approval of the Governor, may transfer moneys in the Special Fund for Economic Uncertainties to the California Small Business Expansion Fund for use as authorized by the bank board, in an amount necessary to make loan guarantees pursuant to Section 8684.2 and this chapter.
Cal. Gov. Code § 63089.55
Expansion Fund and Trust Fund
Known as the Small Business Financial Assistance Act
The act spans §§ 63088–63089 (35 sections).
Added by Stats. 2013, Ch. 537, Sec. 4
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.