California Statutes

§ 2031. — 2031. (Amended by Stats. 2014, Ch. 499, Sec. 4.)

California·Code FIN Financial Code - FIN·Div. 1.2. DIVISION 1.2. MONEY TRANSMISSION ACT·Ch. 3. CHAPTER 3. Licenses

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.

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California § 2031. (2031. (Amended by Stats. 2014, Ch. 499, Sec. 4.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Amended by Stats. 2014, Ch. 499, Sec. 4. (AB 2209) Effective January 1, 2015.
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