ARTICLE 1. Corporate Accounts [32400. - 32404.]

Article 1 added by Stats. 1980, Ch. 819, Sec. 1.

§§ 32400–32404 · 5 sections

• § 32400 The financial accounts and records of the corporation shall be kept by the finance officer according to policies and rules which the board shall adopt.
• § 32401 The corporation shall adopt as its fiscal year the period from July 1st to and including the following June 30th.
• § 32402 In addition to other accounts the board may establish, the financial accounts of the corporation shall include: (a) A general operating account. (b) A general…
• § 32403 Except as otherwise provided for in this division, all funds received by the corporation shall be deposited in the general operating account of the corporation.
• § 32404 Beginning with the fiscal year which begins July 1, 1982, and each fiscal year thereafter, the board shall not adopt any budget for the corporation in which…