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Code · California · Financial Code

§ 2031

124 words·~1 min read·/ca/financial-code/2031

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

Only the following persons may apply for or be issued a license:
(a)A corporation or limited liability company organized under the laws of this state.
(b)A corporation, other than a corporation organized under the laws of this state, that is qualified to transact intrastate business in this state under Chapter 21 (commencing with Section 2100) of Division 1 of Title 1 of the Corporations Code.
(c)A limited liability company, other than a limited liability company organized under the laws of this state, that is qualified to transact intrastate business in this state under Article 8 (commencing with Section 17708.01) of the Corporations Code, except a limited liability company that is organized outside the United States shall not be issued a license.
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