Section 1121.

  1. Law
  2. California Code
  3. Code - FIN
  4. 1.1 - BANKING
  5. 5 - Corporate Requirements
  6. 2 - Shares
  7. Section 1121.

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No bank or trust company after October 1, 1949, shall issue any shares before they are fully paid for.

(Added by Stats. 2011, Ch. 243, Sec. 3. (SB 664) Effective January 1, 2012.)


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