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Current as of January 01, 2025 | Updated by Findlaw Staff
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.
Cite this article: FindLaw.com - California Code, Financial Code - FIN § 2031 - last updated January 01, 2025 | https://codes.findlaw.com/ca/financial-code/fin-sect-2031/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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