{"code":"FIN","codeName":"Financial Code","section":"32332","citation":"Fin. Code, § 32332","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 15.5. STATE ASSISTANCE FUND FOR ENTERPRISE, BUSINESS AND INDUSTRIAL DEVELOPMENT CORPORATION [32000. - 32823.]","url":"https://blackletter.si/financial-code/division-15.5"},{"name":"CHAPTER 2. Corporate Matters [32300. - 32352.5.]","url":"https://blackletter.si/financial-code/division-15.5/chapter-2"},{"name":"ARTICLE 4. Management of the Corporation [32330. - 32332.]","url":"https://blackletter.si/financial-code/division-15.5/chapter-2/article-4"}],"history":"Added by Stats. 1989, Ch. 1040, Sec. 10.2.","effective":null,"html":"<p>The corporation shall adopt bylaws, which shall include provisions governing the election of officers; the establishment and functions of committees; eligibility criteria for loan applications and application procedures; procedures for the deposit and sale of government guaranteed securities; and the establishment of loan loss reserves.</p>","text":"The corporation shall adopt bylaws, which shall include provisions governing the election of officers; the establishment and functions of committees; eligibility criteria for loan applications and application procedures; procedures for the deposit and sale of government guaranteed securities; and the establishment of loan loss reserves.","otherVersions":[],"url":"https://blackletter.si/financial-code/management-of-the-corporation-32332","source":"California Legislative Information bulk export (pubinfo)"}