Financial Code section 1201

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.

Source: Section 1201, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=FIN§ionNum=1201. (updated Jan. 1, 2012; accessed Jun. 9, 2025).

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Last Updated

Jan. 1, 2012

§ 1201’s source at ca.gov

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Location: https://california.public.law/codes/financial_code_section_1201

Original Source: Section 1201, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=FIN§ionNum=1201. (last accessed May 12, 2025).