CHAPTER 2. License [30200. - 30218.]
Chapter 2 added by Stats. 1972, Ch. 1057.
§§ 30200–30218 · 19 sections
- § 30200 It shall be unlawful for any person to operate a securities depository within this state, or to solicit holders of securities within this state to place their…
- § 30201 A securities depository shall only be operated by a corportion: (a) At least 90 percent of the capital stock of which is held by or for one or more persons…
- § 30202 The commisioner shall charge and collect the following fees: (a) For filing an application for a securities depository license, two thousand five hundred…
- § 30203 All money received by the commissioner shall be paid by him or her into the State Treasury to the credit of the State Corporations Fund.
- § 30204 An application for a securities depository license shall be signed and verified by an authorized officer of the applicant, and shall set forth in such form as…
- § 30205 Upon the receipt of a proper and complete application for license, and all required fees, the commissioner shall immediately examine and investigate all facts…
- § 30206 The commissioner may refuse to issue any license being applied for, and shall refuse to issue any license being applied for if upon his examination and…
- § 30207 No licensee, or any other person, shall solicit deposits of securities or otherwise conduct the business of a licensee, by means of any statement or…
- § 30208 A securities depository license is not transferable or assignable. Further, no license may be acquired, either in whole or in part, through stock purchase or…
- § 30209 Any person who operates a securities depository, or solicits holders of securities within this state to place securities in a securities depository, either…
- § 30210 Every person subject to this division shall keep and use in its business, books, accounts, and records which will properly enable the commissioner to determine…
- § 30211 The business, accounts and records of every person licensed under this division are subject to inspection and examination by the commissioner at any time…
- § 30212 The actual cost of every inspection and examination shall be paid to the commissioner by the person examined and the commissioner may maintain an action for…
- § 30213 (a) Every person subject to this division shall submit to the commissioner, at such person’s own expense, financial statements prepared in accordance with…
- § 30214 If any person subject to this division fails to make any report required by law or by the commissioner, the commissioner shall immediately cause the books,…
- § 30215 If the commissioner, as a result of any examination or from any report made to him, shall find that any person subject to this division is in an insolvent…
- § 30216 Whenever in the opinion of the commissioner any person required by this division to be licensed is engaged in operating a securities depository or in…
- § 30217 The commissioner may from time to time make, amend, and rescind such rules, forms, and orders as are necessary to carry out the provisions of this law,…
- § 30218 (a) It is unlawful for any person to knowingly alter, destroy, mutilate, conceal, cover up, falsify, or make a false entry in any record, document, or tangible…