California Insurance Code ARTICLE 1.1 - The California Community Development Financial Institution Tax Credit Program

  • Section 12939.
    The Legislature finds and declares all of the following:(a) There are specialized financial institutions in California that are specifically dedicated to, and whose core purpose is...
  • Section 12939.1.
    (a) The department, California Organized Investment Network (COIN), or any successor thereof, shall require the CDFIs receiving tax credit investments pursuant to Sections 12209, 17053.57, and...
  • Section 12939.2.
    (a) The commissioner may establish and appoint a California Organized Investment Network Advisory Board.(b) For purposes of this section, all of the following shall apply:(1) “Commissioner” means the...

Last modified: October 22, 2018