Financial Code § 2031

CHAPTER 3. Licenses

Current as of September 28, 2026Fin. Code, § 2031Official source ↗

Amended by Stats. 2014, Ch. 499, Sec. 4. (AB 2209) Effective January 1, 2015.

Only the following persons may apply for or be issued a license:

(a) A corporation or limited liability company organized under the laws of this state.

(b) A corporation, other than a corporation organized under the laws of this state, that is qualified to transact intrastate business in this state under Chapter 21 (commencing with Section 2100) of Division 1 of Title 1 of the Corporations Code.

(c) A limited liability company, other than a limited liability company organized under the laws of this state, that is qualified to transact intrastate business in this state under Article 8 (commencing with Section 17708.01) of the Corporations Code, except a limited liability company that is organized outside the United States shall not be issued a license.