Financial Code section 32421

The finance officer shall place into the trust fund all securities held by the corporation which carry a guarantee of repayment issued by the Small Business Administration or guarantee of repayment issued by any other governmental authority.

Source: Section 32421, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=FIN§ionNum=32421. (updated Jan. 1, 1980; accessed Jul. 20, 2026).

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Verified:
Jul. 20, 2026

§ 32421's source at ca.gov

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Location: https://california.public.law/codes/financial_code_section_32421

Original Source: Section 32421, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=FIN§ionNum=32421. (last accessed May 12, 2025).