{"code":"FIN","codeName":"Financial Code","section":"32422","citation":"Fin. Code, § 32422","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 3. Corporate Finances [32400. - 32423.]","url":"https://blackletter.si/financial-code/division-15.5/chapter-3"},{"name":"ARTICLE 3. Government Guaranteed Securities Trust Fund [32420. - 32423.]","url":"https://blackletter.si/financial-code/division-15.5/chapter-3/article-3"}],"history":"Added by Stats. 1980, Ch. 819, Sec. 1.","effective":null,"html":"<p>According to policies and regulations which the board shall adopt, the finance officer shall use his or her best efforts to sell the guaranteed portion of the securities held in the trust fund to private investors or the state.</p>","text":"According to policies and regulations which the board shall adopt, the finance officer shall use his or her best efforts to sell the guaranteed portion of the securities held in the trust fund to private investors or the state.","otherVersions":[],"url":"https://blackletter.si/financial-code/government-guaranteed-securities-trust-fund-32422","source":"California Legislative Information bulk export (pubinfo)"}