Ca_Law

statute | California

Financial Code - FIN - FIN § 32404

Summary

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 in which the projected total operating expenditures exceed the expected balance of the general operating account.

Text

Retrieval chunks

  • #1 | Financial Code - FIN - FIN § 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 in which the projected total operating expenditures exceed the expected balance of the general operating account.