Statute · California Financial Code
Cal. Fin. Code § 1121 — Shares
Cal. Fin. Code § 1121
- Type
- Statute
- Source
- California Financial Code
- Jurisdiction
- California
- Date
- 2012-01-01
- Current through
- Nov 2, 2026 (California Legislative Counsel)
No bank or trust company after October 1, 1949, shall issue any shares before they are fully paid for.
Citator
Cal. Fin. Code § 1121 — Shares is in force in the current edition of the Code, and nothing recorded condemns it.
No bank or trust company after October 1, 1949, shall issue any shares before they are fully paid for.