Cal. Corp. Code § 14062

14062

Effective Jul 14, 2004Amended by Stats. 2004, Ch. 143, Sec. 12. Effective July 14, 2004.

Reasonable costs incurred by a corporation in the creation and maintenance of a central staff shall be paid to the corporation from state funds including a portion of the interest earned on the expansion fund and the corporation’s trust fund account, if the corporation has a trust fund account, otherwise, on the expansion fund.

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