Financial Code section 5103


“Certificate of authority” means:

(a)

A certificate of authority to transact the business of an association, which is issued by the commissioner pursuant to this division.

(b)

An uncanceled annual license issued to an association under prior law which is valid on the effective date of this division.

Source: Section 5103, https://leginfo.­legislature.­ca.­gov/faces/codes_displaySection.­xhtml?lawCode=FIN§ionNum=5103.­ (updated Jan. 1, 1983; accessed Jun. 16, 2025).

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Verified:
Jun. 16, 2025

§ 5103's source at ca​.gov