Statute · California Financial Code

Cal. Fin. Code § 1857 — International and Foreign Banking and Financing Corporations

Cal. Fin. Code § 1857

Type
Statute
Source
California Financial Code
Jurisdiction
California
Date
2012-01-01
Current through
Nov 2, 2026 (California Legislative Counsel)

No corporation shall purchase, own, or hold stock or certificates of ownership in any other corporation organized under this article or under the laws of any state which is in substantial competition therewith, or which holds stock or certificates of ownership in corporations which are in…

Citator

Cal. Fin. Code § 1857 — International and Foreign Banking and Financing Corporations is in force in the current edition of the Code, and nothing recorded condemns it.

No corporation shall purchase, own, or hold stock or certificates of ownership in any other corporation organized under this article or under the laws of any state which is in substantial competition therewith, or which holds stock or certificates of ownership in corporations which are in substantial competition with the purchasing corporation.