DIVISION 1.1. BANKING 1000-1910›CHAPTER 21. International and Foreign Banking and Financing 1850-1910›ARTICLE 1. International and Foreign Banking and Financing Corporations 1850-1897

§ 1870

California Financial Code · 2018-11 edition · updated 2026-10-04 · California

No corporation shall by any system of accounting or any device of bookkeeping, directly or indirectly enter any of its assets upon its books in the name of any other person, or under any title or designation that is not truly descriptive thereof.

(Added by Stats. 2011, Ch. 243, Sec. 3. (SB 664) Effective January 1, 2012.)

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California Financial Code

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