Statute · California Financial Code

Cal. Fin. Code § 31049 — Definitions

Cal. Fin. Code § 31049

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

“Principal shareholder”, when used with respect to a corporation, means any person who owns, directly or indirectly, of record or beneficially, securities representing 10 percent or more of the voting power of such corporation.

Citator

Cal. Fin. Code § 31049 — Definitions is in force in the current edition of the Code, and nothing recorded condemns it.

“Principal shareholder”, when used with respect to a corporation, means any person who owns, directly or indirectly, of record or beneficially, securities representing 10 percent or more of the voting power of such corporation.