California Legal Codes and Statutes

§ 63089.51

Added by Stats. 2013, Ch. 537, Sec. 4. (AB 1247) Effective October 4, 2013.
(a)All money deposited in the expansion fund is hereby continuously appropriated, without regard to fiscal years, for the purposes of this chapter.
(b)Except as specified in subdivision (b) of Section 63089.54, the state or the bank shall not be liable or obligated in any way beyond the state money that is allocated in the expansion fund from moneys from the General Fund appropriated for those purposes.

Cite this section

Cal. Gov. Code § 63089.51 (2026)
https://ca.codecond.com/codes/gov/title-6-7-infrastructure-finance/division-1-the-bergeson-peace-infrastructure-and-economic-development-bank-act/chapter-6-small-business-financial-assistance-act-of-2013/article-5-expansion-fund-and-trust-fund/section-63089.51

Other sections in Article 5 - Expansion Fund and Trust Fund

§ 63089.5§ 63089.51§ 63089.52§ 63089.53§ 63089.54§ 63089.55§ 63089.56§ 63089.57§ 63089.58§ 63089.59§ 63089.60§ 63089.61§ 63089.62

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