§ 2818

Amended by Stats. 2025, Ch. 241, Sec. 46. (SB 857) Effective January 1, 2026.

The New Industries Revolving Account is hereby created in the California Correctional Training and Rehabilitation Revolving Fund to receive General Fund or other public money transferred or deposited for the purpose of financing new enterprises or the expansion of existing enterprises. Money in the fund may be disbursed by the board subject to the conditions prescribed in Section 2810.5.

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