ARTICLE 1. Organizing Permit [5400. - 5403.]

Article 1 added by Stats. 1983, Ch. 1091, Sec. 2.

§§ 5400–5403 · 4 sections

• § 5400 (a) No funds from proposed stockholders, members, or organizers of any proposed association may be collected until a verified application for an organizing…
• § 5401 The application for an organizing permit shall be in writing and shall be filed in the office of the commissioner. The application shall be executed and…
• § 5402 (a) The commissioner may impose conditions in an organizing permit concerning the deposit in escrow of funds collected pursuant to the permit, the manner of…
• § 5403 (a) Before filing an application for an organizing permit with the commissioner under Section 5400, an organizer shall file with the Secretary of State an…