California Financial Code

§ 32301

FIN § 32301 Effective Sep 27, 2002Div. 15.5 · Ch. 2 · Art. 1

Statute text

Except as otherwise provided in this division:

(a)The Nonprofit Corporation Law shall apply to the corporation. However, whenever any provision of the Nonprofit Corporation Law conflicts with any provision of this division, the provision of the Nonprofit Corporation Law shall not apply and the provision of this division shall apply.

(b)The Business and Industrial Development Corporation Law (Division 15 (commencing with Section 31000)) shall apply to this corporation. However, whenever any provision of the Business and Industrial Development Corporation Law conflicts with any provision of this division, the provision of the Business and Industrial Development Corporation Law shall not apply and the provision of this division shall apply.

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Legislative history

Amended by Stats. 2002, Ch. 939, Sec. 1. Effective September 27, 2002.