Statute · California Financial Code

Cal. Fin. Code § 18583 — General

Cal. Fin. Code § 18583

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

Before a premium finance agency commences business or opens a branch office or place of business, there must be paid in cash, for the benefit of the agency, 100 percent of the amount of the minimum capital stock required under this chapter.

Citator

Cal. Fin. Code § 18583 — General is in force in the current edition of the Code, and nothing recorded condemns it.

Before a premium finance agency commences business or opens a branch office or place of business, there must be paid in cash, for the benefit of the agency, 100 percent of the amount of the minimum capital stock required under this chapter.