DIVISION 1.1. BANKING 1000-1910›CHAPTER 6. Securities 1200-1212
§ 1201
California Financial Code · 2018-11 edition · updated 2026-10-04 · California
No bank organized under the laws of this state shall offer or sell any security issued by it unless the commissioner has issued a permit authorizing such sale.
(Added by Stats. 2011, Ch. 243, Sec. 3. (SB 664) Effective January 1, 2012.)
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