California Legal Codes and Statutes

§ 63021

Amended by Stats. 2013, Ch. 352, Sec. 308. (AB 1317) Effective September 26, 2013. Operative July 1, 2013, by Sec. 543 of Ch. 352.
(a)There is within the Governor’s Office of Business and Economic Development the Infrastructure and Economic Development Bank which shall be responsible for administering this division.
(b)The bank shall be under the direction of an executive director appointed by the Governor, and who shall serve at the pleasure of the Governor. The appointment shall be subject to confirmation by the Senate.

Cite this section

Cal. Gov. Code § 63021 (2026)
https://ca.codecond.com/codes/gov/title-6-7-infrastructure-finance/division-1-the-bergeson-peace-infrastructure-and-economic-development-bank-act/chapter-2-california-infrastructure-and-economic-development-bank/article-1-creation-of-the-bank/section-63021

Other sections in Article 1 - Creation of the Bank

§ 63021§ 63021.5§ 63022§ 63022.5§ 63023§ 63023.1§ 63024§ 63024.5§ 63025§ 63025.1§ 63025.2§ 63026§ 63027§ 63028

This content is for reference, learning, and study purposes only. All legal text should be verified against the official California Legislative Information website, which is the authoritative source for California law. Data last processed: February 15, 2026.