California Statutes
§ 2087. — 2087. (Amended by Stats. 2012, Ch. 356, Sec. 20.)
California § 2087.
JurisdictionCalifornia
Code FINFinancial Code - FIN
Div. 1.2.DIVISION 1.2. MONEY TRANSMISSION ACT
Ch. 5.CHAPTER 5. Eligible Securities
This text of California § 2087. (2087. (Amended by Stats. 2012, Ch. 356, Sec. 20.)) 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 § 2087. (2026).
Text
(a)If the commissioner finds that a rating assigned to a class of securities by an eligible securities rating service indicates that the class of securities is of sufficient quality to be eligible securities, the commissioner may by regulation or order declare the rating to be an eligible rating.
(b)With respect to this division “eligible rating” means any rating assigned to such security or class of securities by such eligible securities rating service which the commissioner has by regulation or order declared to be an eligible rating.
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Legislative History
Amended by Stats. 2012, Ch. 356, Sec. 20. (SB 979) Effective January 1, 2013.
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California § 2087., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/FIN/2087..