There is a newer version of the California Code
2012 California Codes
FIN - Financial Code
DIVISION 1.1 - BANKING [1000 - 1910]
CHAPTER 3 - Authorization to Engage in Banking
Section 1043
CA Fin Code § 1043 (through 2013 Leg Sess) What's This?
It shall be unlawful to accept payment of subscriptions for shares of any corporation proposing to engage in the banking or trust business unless authority to organize such corporation has been granted by the commissioner.
(Added by Stats. 2011, Ch. 243, Sec. 3. Effective January 1, 2012.)
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