§ 14019
54 words·~1 min read·
/ca/corporations-code/14019A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Reasonable costs incurred by a corporation in the creation and maintenance of a central staff shall be paid to the corporation from state funds, including a portion of the interest earned on the expansion fund and the corporation’s trust fund account, if the corporation has a trust fund account, otherwise, on the expansion fund.