Financial Code § 1121

ARTICLE 2. Shares

Current as of September 28, 2026Fin. Code, § 1121Official source ↗

Added by Stats. 2011, Ch. 243, Sec. 3. (SB 664) Effective January 1, 2012.

No bank or trust company after October 1, 1949, shall issue any shares before they are fully paid for.