Statute · California Financial Code
Cal. Fin. Code § 32721 — Special Projects
Cal. Fin. Code § 32721
- Type
- Statute
- Source
- California Financial Code
- Jurisdiction
- California
- Date
- 2004-03-17
- Current through
- Nov 2, 2026 (California Legislative Counsel)
The board may consider and adopt rules for the acceptance and disbursement of grants, provided, however, that the cost of administering any grant, less any payment for grant administration made to the corporation by the granting authority, shall in no case exceed 5 percent of the operating…
Citator
Cal. Fin. Code § 32721 — Special Projects is in force in the current edition of the Code, and nothing recorded condemns it.
The board may consider and adopt rules for the acceptance and disbursement of grants, provided, however, that the cost of administering any grant, less any payment for grant administration made to the corporation by the granting authority, shall in no case exceed 5 percent of the operating budget of the corporation in any calendar year.