2009 California Financial Code - Section 33240 :: Article 3. Adequacy Of Shareholders' Equity

33240.  In determining for purposes of this division whether the
shareholders' equity of any corporation which is an applicant for a
license or which is a licensee is adequate, the commissioner shall
consider:
   (a) The nature and volume of the business and proposed business of
the corporation;
   (b) The amount, nature, quality, and liquidity of the assets of
the corporation;
   (c) The amount and nature of the liabilities (including contingent
liabilities) of the corporation;
   (d) The history of, and prospects for, the corporation to earn and
retain income;
   (e) The quality of the operations of the corporation;
   (f) The quality of the management of the corporation;
   (g) The nature and quality of the controlling person of the
corporation; and
   (h) Such other factors as are in the opinion of the commissioner
relevant.