Statute · California Financial Code
Cal. Fin. Code § 32820.5 — Borrowing from the Fund
Cal. Fin. Code § 32820.5
- Type
- Statute
- Source
- California Financial Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
Upon approval of the corporation to exercise the powers of a small business development corporation pursuant to Section 32352, the corporation shall cease to be liable for payment of interest on loans made or to be made from the fund pursuant to this article.
Citator
Cal. Fin. Code § 32820.5 — Borrowing from the Fund is in force in the current edition of the Code, and nothing recorded condemns it.
Upon approval of the corporation to exercise the powers of a small business development corporation pursuant to Section 32352, the corporation shall cease to be liable for payment of interest on loans made or to be made from the fund pursuant to this article.