§ 31000 Business Development Corporations Law

• •This law is about special groups called 'Business and Industrial Development Corporations'.
• •These groups help businesses and industries grow and do better.
• •The law gives rules for how these groups should work.

A small town wants to build a new factory to create more jobs.

A group called a 'Business and Industrial Development Corporation' can help the town by providing money and support to build the factory. This law tells them how to do it the right way.