Cal. Fin. Code § 1043

Current through the 2023 Legislative Session.

Section 1043 - Unlawful to accept payment for shares unless authority to organize granted

It shall be unlawful to accept payment of subscriptions for shares of any corporation proposing to engage in the banking or trust business unless authority to organize such corporation has been granted by the commissioner.

Ca. Fin. Code § 1043

Added by Stats 2012 ch 243 (SB 664),s 3, eff. 1/1/2012.