California Government Code

§ 13996.42

GOV § 13996.42 Effective Sep 11, 2012Div. 3 · Title 2 · Part 4.7 · Ch. 2.5

Statute text

The Governor’s Office of Business and Economic Development may establish an international trade and investment office outside of the United States if both of the following conditions are met:

(a)The country where an international trade and investment office would be located is among those with the greatest potential for direct foreign investment in California, export growth, or both, as determined by the director.

(b)The Director of the Governor’s Office of Business and Economic Development has included the new international trade and investment office in the Governor’s Office of Business and Economic Development’s current annual program budget and strategy and business plan for the year for the International Trade and Investment Program as required by Section 13996.65.

Legislative history

Added by Stats. 2012, Ch. 294, Sec. 2. (AB 2012) Effective September 11, 2012.