§ 1859
72 words·~1 min read·
/ca/financial-code/1859A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
No corporation shall carry on any part of its business in the United States except such as, in the judgment of the commissioner, shall be incidental to its international or foreign business. Except such as is incidental and preliminary to its organization no corporation shall exercise any of the powers conferred by this article until it has been duly authorized by the commissioner to commence business under the provisions of this article.