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.