California Financial Code
§ 1043
FIN § 1043 Effective Jan 1, 2012Div. 1.1 · Ch. 3
Statute text
View on leginfo.ca.govIt 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.
Legislative history
Added by Stats. 2011, Ch. 243, Sec. 3. (SB 664) Effective January 1, 2012.