California Financial Code 17342 – Memberships issued by Fidelity Corporation shall be nontransferable …
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Memberships issued by Fidelity Corporation shall be nontransferable and shall be exempt from the provisions of the Corporate Securities Law of 1968.
(Amended by Stats. 1985, Ch. 1560, Sec. 30. Effective October 2, 1985.)
Terms Used In California Financial Code 17342
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.