Corpus browser
179663 records-
Open
Corporations Code - CORP - CORP § 28151
Corporations Code - CORP - CORP § 28151
No person other than a person who meets the definition of a licensee may be issued a license under this division.
-
Open
Corporations Code - CORP - CORP § 28152
Corporations Code - CORP - CORP § 28152
If the commissioner finds all of the following with respect to an application for a license, the commissioner shall approve the application: (a) That the applicant has a tangible net worth, exclusive of the funds to invest under subdivision (b), in an amount that is not less than
-
Open
Corporations Code - CORP - CORP § 28153
Corporations Code - CORP - CORP § 28153
(a) For purposes of Section 28152, the commissioner may find: (1) That a director, officer, or controlling person of an applicant is not of good character if the director, officer, or controlling person or any director or officer of the controlling person has been convicted of, o
-
Open
Corporations Code - CORP - CORP § 28154
Corporations Code - CORP - CORP § 28154
Except pursuant to Section 28551, no license shall be transferable or assignable.
-
Open
Corporations Code - CORP - CORP § 28155
Corporations Code - CORP - CORP § 28155
No licensee shall represent that it is sponsored, recommended, or approved by, or that its abilities or qualifications have in any respect been passed upon by, the commissioner. No licensee shall advertise, print, display, publish, distribute, or broadcast, or cause or permit to
-
Open
Corporations Code - CORP - CORP § 28200
Corporations Code - CORP - CORP § 28200
The organizational documents of the licensee shall include the following statement: (a) The activities of the licensee are limited to the promotion of economic, business, or industrial development in the State of California through the provision of financial or managerial assista
-
Open
Corporations Code - CORP - CORP § 28201
Corporations Code - CORP - CORP § 28201
No licensee shall, except by prior written notice to the commissioner, transact business under any name other than its corporate name.
-
Open
Corporations Code - CORP - CORP § 28210
Corporations Code - CORP - CORP § 28210
Each licensee shall have a board of directors, executive committee, or other policy body, which shall consist of not less than three members.
-
Open
Corporations Code - CORP - CORP § 28211
Corporations Code - CORP - CORP § 28211
The board of directors, executive committee, or other policy body of each licensee shall hold a meeting not less frequently than once each calendar year.
-
Open
Corporations Code - CORP - CORP § 28212
Corporations Code - CORP - CORP § 28212
The board of directors, executive committee, or other policy body of each licensee shall approve the contract to be entered into between the licensee and any person who will make recommendations with respect to the investment of funds of the licensee.
-
Open
Corporations Code - CORP - CORP § 28320
Corporations Code - CORP - CORP § 28320
(a) No licensee shall relocate its head office without prior written notice to the commissioner. (b) No licensee shall establish, relocate, or close any office (other than its head office) unless it files a notice with the commissioner not less than two business days after taking
-
Open
Corporations Code - CORP - CORP § 28400
Corporations Code - CORP - CORP § 28400
No licensee shall engage in any business other than the following: (a) The business of providing financing assistance through the purchase of securities of small business firms or smaller business firms doing business or proposing to do business wholly or substantially in this st
-
Open
Corporations Code - CORP - CORP § 28404
Corporations Code - CORP - CORP § 28404
No licensee shall provide financing assistance to any small business firm for the purpose of evading the requirements of this division.
-
Open
Corporations Code - CORP - CORP § 28405
Corporations Code - CORP - CORP § 28405
This section creates and authorizes an exempt class of persons pursuant to Section 1 of Article XV of the California Constitution. The restrictions upon rates of interest contained in Section 1 of Article XV of the California Constitution shall not apply to any evidence of indebt
-
Open
Corporations Code - CORP - CORP § 28500
Corporations Code - CORP - CORP § 28500
Each licensee shall make and keep books, accounts, and other records in the form and in the manner that the commissioner may by regulation or order require. All records so required shall be kept at the place and shall be preserved for the time that the commissioner may by regulat
-
Open
Corporations Code - CORP - CORP § 28501
Corporations Code - CORP - CORP § 28501
Each licensee shall, not more than 90 days after the close of each of its fiscal years or within a longer period that the commissioner may by regulation or order specify, file with the commissioner an audit report containing all of the following: (a) Financial statements (includi
-
Open
Corporations Code - CORP - CORP § 28502
Corporations Code - CORP - CORP § 28502
Each licensee, director, officer, and employee of a licensee, and each parent and subsidiary of a licensee shall file with the commissioner all reports that the commissioner may by regulation or order require within the timeframe specified. In addition, each affiliate of a licens
-
Open
Corporations Code - CORP - CORP § 28503
Corporations Code - CORP - CORP § 28503
(a) The commissioner shall examine each licensee not less frequently than once each calendar year. (b) (1) The commissioner may at any time examine any licensee or any parent or subsidiary of a licensee. (2) The commissioner may at any time examine any affiliate of a licensee (ot
-
Open
Corporations Code - CORP - CORP § 28504
Corporations Code - CORP - CORP § 28504
(a) A licensee may, after the approval of the board of directors, executive committee, or other policy body of the licensee, cause or permit any other person to make or keep any of its books, accounts, or other records. (b) If any person other than a licensee makes or keeps any o
-
Open
Corporations Code - CORP - CORP § 28505
Corporations Code - CORP - CORP § 28505
Subject to the provisions of Rules 250.10 and 250.10.5 of the Commissioner of Financial Protection and Innovation (10 C.C.R. Secs. 250.10 and 250.10.5), the commissioner may make available to the public any report filed with the commissioner under this division or under any regul
-
Open
Corporations Code - CORP - CORP § 28550
Corporations Code - CORP - CORP § 28550
No person shall, except with the prior written approval of the commissioner, acquire control of a licensee.
-
Open
Corporations Code - CORP - CORP § 28551
Corporations Code - CORP - CORP § 28551
The commissioner shall approve an application for approval to acquire control of a licensee only if, after notice and a hearing, the commissioner finds all of the following: (a) That the applicant and the directors and officers of the applicant are of good character and sound fin
-
Open
Corporations Code - CORP - CORP § 28552
Corporations Code - CORP - CORP § 28552
(a) For purposes of Section 28551, the commissioner may find: (1) That an applicant or a director or officer of an applicant is not of good character if the person has been convicted of, or has pleaded nolo contendere to, a crime involving fraud or dishonesty. (2) That an applica
-
Open
Corporations Code - CORP - CORP § 28600
Corporations Code - CORP - CORP § 28600
For purposes of this chapter: (a) “Acquiring licensee” means either of the following: (1) In the case of a merger, the licensee that is the surviving company. (2) In the case of a purchase or sale, the licensee that is the purchaser. (b) “Disappearing company” has the meaning set
-
Open
Corporations Code - CORP - CORP § 28601
Corporations Code - CORP - CORP § 28601
No licensee shall merge with any other company unless either of the following apply: (a) If the licensee is to be the surviving company, the merger is first approved by the commissioner. (b) If the licensee is to be a disappearing company, the surviving company is a licensee and