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California Financial Code 31158

California Codes > California Financial Code > Division 15 > Chapter 3 > § 31158

^{Current as of: 2010}

^{Check for updates}

2009 version

  (a) The fact that a California corporation is licensed under
any law other than this division shall not preclude such corporation
from applying for or being issued a license under this division
unless the transaction of business by such corporation as a licensee
under such other law would violate any provision of this division or
of any regulation or order issued under this division or would be
contrary to the purposes of this division.
   (b) The fact that a California corporation is licensed under this
division shall not preclude such corporation from applying for or
being issued a license under any other law unless the transaction of
business by such corporation as a licensee under such other law would
violate any provision of this division or of any regulation or order
issued under this division or would be contrary to the purposes of
this division.


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