California § 32812 - The Controller shall transfer into the fund from the General Fund and from the En
Full text of California Public Contract Code - PCC § 32812 — The Controller shall transfer into the fund from the General Fund and from the En, with citation guidance and answers to common questions.
§ 32812. The Controller shall transfer into the fund from the General Fund and from the En
The Controller shall transfer into the fund from the General Fund and from the Energy Resources Program Account in the General Fund all moneys required to meet the loan requests of the corporation, subject to the following terms and conditions: (a) The amount transferred to the fund from the General Fund shall not exceed one million five hundred thousand dollars ($1,500,000). (b) The amount transferred to the fund from the Energy Resources Programs Account in the General Fund shall not exceed one million dollars ($1,000,000) and the Controller shall not transfer any money from the account to the fund unless and until both of the following occur: (1) The corporation certifies to the Controller that it has approved not less than a total of five million dollars ($5,000,000) in loans to eligible small businesses in this state. (2) The corporation certifies to the Controller that it will use the additional money transferred to the fund only to make new loans to eligible small businesses in this state.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 32812
What does Public Contract Code - PCC § 32812 cover?
Section 32812 ("The Controller shall transfer into the fund from the General Fund and from the En") is part of the Public Contract Code - PCC, the codified statutory law of California. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite California § 32812?
A common citation format is "Public Contract Code - PCC § 32812" (California). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of California law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the California official source linked on this page or consult a licensed California attorney.
How does California § 32812 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in California can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in California.