Financial Code § 1201
‹ § 1200§ 1202 ›Open in browserleginfo ↗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.
(Added by Stats. 2011, Ch. 243, Sec. 3. (SB 664) Effective January 1, 2012.)