§ 1870
43 words·~1 min read·
/ca/financial-code/1870A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
No corporation shall by any system of accounting or any device of bookkeeping, directly or indirectly enter any of its assets upon its books in the name of any other person, or under any title or designation that is not truly descriptive thereof.