California Financial Code ARTICLE 1 - Corporate Accounts

• Section 32400.
  The financial accounts and records of the corporation shall be kept by the finance officer according to policies and rules which the board shall adopt.(Added...
• Section 32401.
  The corporation shall adopt as its fiscal year the period from July 1st to and including the following June 30th.(Added by Stats. 1980, Ch. 819,...
• Section 32402.
  In addition to other accounts the board may establish, the financial accounts of the corporation shall include:(a) A general operating account.(b) A general reserve account.(c) An enterprise loan...
• Section 32403.
  Except as otherwise provided for in this division, all funds received by the corporation shall be deposited in the general operating account of the corporation.(Added...
• Section 32404.
  Beginning with the fiscal year which begins July 1, 1982, and each fiscal year thereafter, the board shall not adopt any budget for the corporation...

Last modified: October 22, 2018