Corporations Code section 14019


Reasonable costs incurred by a corporation in the creation and maintenance of a central staff shall be paid to the corporation from state funds, including a portion of the interest earned on the expansion fund and the corporation’s trust fund account, if the corporation has a trust fund account, otherwise, on the expansion fund.

Source: Section 14019, https://leginfo.­legislature.­ca.­gov/faces/codes_displaySection.­xhtml?lawCode=CORP§ionNum=14019.­ (updated Oct. 4, 2013; accessed Jun. 30, 2025).

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Verified:
Jun. 30, 2025

§ 14019's source at ca​.gov