ARTICLE 1.1. The California Community Development Financial Institution Tax Credit Program [12939. - 12939.2.]
Article 1.1 added by Stats. 2006, Ch. 580, Sec. 1.
§§ 12939–12939.2 · 3 sections
- § 12939 The Legislature finds and declares all of the following: (a) There are specialized financial institutions in California that are specifically dedicated to, and…
- § 12939.1 (a) The department, California Organized Investment Network (COIN), or any successor thereof, shall require the CDFIs receiving tax credit investments pursuant…
- § 12939.2 (a) The commissioner may establish and appoint a California Organized Investment Network Advisory Board. (b) For purposes of this section, all of the following…