DIVISION 15.5. STATE ASSISTANCE FUND FOR ENTERPRISE, BUSINESS AND INDUSTRIAL DEVELOPMENT CORPORATION 32000-32823›CHAPTER 2. Corporate Matters 32300-32352.5›ARTICLE 6. Powers, Exclusions and Prohibitions 32350-32352.5

§ 32350

California Financial Code · 2018-11 edition · updated 2026-10-04 · California

(a) The corporation may appoint such agents and employees as it requires, and determine their qualifications, duties, terms of employment, and compensation. The corporation shall adopt personnel rules and regulations applicable to its employees.

(b) The corporation may contract for such legal counsel as in its judgment is necessary or advisable to enable it to carry out its purposes.

(Added by Stats. 1980, Ch. 819, Sec. 1.)

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California Financial Code

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