{"code":"FIN","codeName":"Financial Code","section":"5105.8","citation":"Fin. Code, § 5105.8","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 2. SAVINGS ASSOCIATION LAW [5000. - 10009.]","url":"https://blackletter.si/financial-code/division-2"},{"name":"CHAPTER 1. Short Title, General Definitions, and General Provisions [5000. - 5330.]","url":"https://blackletter.si/financial-code/division-2/chapter-1"},{"name":"ARTICLE 2. General Definitions [5100. - 5124.]","url":"https://blackletter.si/financial-code/division-2/chapter-1/article-2"}],"history":"Added by Stats. 1984, Ch. 225, Sec. 3.   Effective June 21, 1984.","effective":"1984-06-21","html":"<p>“Corporate debt security” means a marketable obligation, evidencing the indebtedness of any corporation in the form of a bond, note, or debenture, or both note and debenture, which is commonly regarded as a debt security and is not predominantly speculative in nature. A security is marketable if it may be sold with reasonable promptness at a price which corresponds reasonably to its fair value.</p>","text":"“Corporate debt security” means a marketable obligation, evidencing the indebtedness of any corporation in the form of a bond, note, or debenture, or both note and debenture, which is commonly regarded as a debt security and is not predominantly speculative in nature. A security is marketable if it may be sold with reasonable promptness at a price which corresponds reasonably to its fair value.","otherVersions":[],"url":"https://blackletter.si/financial-code/general-definitions-5105-8","source":"California Legislative Information bulk export (pubinfo)"}