California Financial Code DIVISION 22 - CALIFORNIA FINANCIAL LITERACY FUND

  • Section 70000.
    For purposes of this division, “fund” means the California Financial Literacy Fund.(Added by Stats. 2011, Ch. 612, Sec. 1. (AB 597) Effective January 1, 2012.)
  • Section 70001.
    (a) The California Financial Literacy Fund is hereby established in the State Treasury. The fund shall be administered by the Controller.(b) The purpose of the fund is...
  • Section 70002.
    The Controller may accept private donations and deposit those donations into the fund, which shall be made available upon appropriation in the annual Budget Act....
  • Section 70003.
    The Controller may convene a financial literacy advisory committee to provide additional oversight of the fund and develop strategies to improve financial literacy. If convened,...
  • Section 70004.
    Beginning in 2013, the Controller shall provide to the respective chairpersons of the Assembly Committee on Banking and Finance and the Senate Committee on Banking...

Last modified: October 22, 2018