Financial Code section 30200

It shall be unlawful for any person to operate a securities depository within this state, or to solicit holders of securities within this state to place their securities into a securities depository located within this state or outside this state, except by means of a corporation licensed by the commissioner as a securities depository.

Source: Section 30200, https://leginfo.­legislature.­ca.­gov/faces/codes_displaySection.­xhtml?lawCode=FIN§ionNum=30200.­ (updated Jan. 1, 1972; accessed Aug. 11, 2025).

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Verified:
Aug. 11, 2025

§ 30200's source at ca​.gov