California § 1868. 1868. (Added by Stats. 2011, Ch. 243, Sec. 3.)

California Statutes

§ 1868. — 1868. (Added by Stats. 2011, Ch. 243, Sec. 3.)

California § 1868.

JurisdictionCalifornia

Code FINFinancial Code - FIN

Div. 1.1.DIVISION 1.1. BANKING

Ch. 21.CHAPTER 21. International and Foreign Banking and Financing

Art. 1.ARTICLE 1. International and Foreign Banking and Financing Corporations

This text of California § 1868. (1868. (Added by Stats. 2011, Ch. 243, Sec. 3.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Cal. Financial Code - FIN Code § 1868. (2026).

Text

No corporation shall be the holder of any shares of its own capital stock unless such stock shall have been taken to prevent loss upon a debt previously contracted in good faith, and stock so acquired shall, within six months from the time of its acquisition, be sold or disposed of at public or private sale.

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