California Financial Code CHAPTER 2 - License
- Section 30200.
It shall be unlawful for any person to operate a securities depository within this state, or to solicit holders of securities within this state to...
- Section 30201.
A securities depository shall only be operated by a corportion:(a) At least 90 percent of the capital stock of which is held by or for one...
- Section 30202.
The commisioner shall charge and collect the following fees:(a) For filing an application for a securities depository license, two thousand five hundred dollars ($2,500).(b) For holding a...
- Section 30203.
All money received by the commissioner shall be paid by him or her into the State Treasury to the credit of the State Corporations Fund.(Amended...
- Section 30204.
An application for a securities depository license shall be signed and verified by an authorized officer of the applicant, and shall set forth in such...
- Section 30205.
Upon the receipt of a proper and complete application for license, and all required fees, the commissioner shall immediately examine and investigate all facts connected...
- Section 30206.
The commissioner may refuse to issue any license being applied for, and shall refuse to issue any license being applied for if upon his examination...
- Section 30207.
No licensee, or any other person, shall solicit deposits of securities or otherwise conduct the business of a licensee, by means of any statement or...
- Section 30208.
A securities depository license is not transferable or assignable. Further, no license may be acquired, either in whole or in part, through stock purchase or...
- Section 30209.
Any person who operates a securities depository, or solicits holders of securities within this state to place securities in a securities depository, either directly as...
- Section 30210.
Every person subject to this division shall keep and use in its business, books, accounts, and records which will properly enable the commissioner to determine...
- Section 30211.
The business, accounts and records of every person licensed under this division are subject to inspection and examination by the commissioner at any time without...
- Section 30212.
The actual cost of every inspection and examination shall be paid to the commissioner by the person examined and the commissioner may maintain an action...
- Section 30213.
(a) Every person subject to this division shall submit to the commissioner, at such person’s own expense, financial statements prepared in accordance with generally accepted accounting...
- Section 30214.
If any person subject to this division fails to make any report required by law or by the commissioner, the commissioner shall immediately cause the...
- Section 30215.
If the commissioner, as a result of any examination or from any report made to him, shall find that any person subject to this division...
- Section 30216.
Whenever in the opinion of the commissioner any person required by this division to be licensed is engaged in operating a securities depository or in...
- Section 30217.
The commissioner may from time to time make, amend, and rescind such rules, forms, and orders as are necessary to carry out the provisions of...
- Section 30218.
(a) It is unlawful for any person to knowingly alter, destroy, mutilate, conceal, cover up, falsify, or make a false entry in any record, document, or...
Last modified: October 22, 2018