§ 5400 (a) No funds from proposed stockholders, members, or organizers …
§ 5401 The application for an organizing permit shall be in writing and …
§ 5402 (a) The commissioner may impose conditions in an organizing …
§ 5403 (a) Before filing an application for an organizing permit with …

Terms Used In California Codes > Financial Code > Division 2 > Chapter 2 > Article 1 - Organizing Permit

  • Escrow: Money given to a third party to be held for payment until certain conditions are met.
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • organizer: means a person who agrees to contribute funds to a proposed association to be used for its organization expenses. See California Financial Code 5400
  • Person: means any person, firm, association, organization, partnership, business trust, corporation, limited liability company, or company. See California Health and Safety Code 19
  • Person: includes any person, firm, partnership, association, corporation, company, limited liability company, syndicate, estate, trust, business trust, or organization of any kind. See California Financial Code 18
  • pet dealer: means a person engaging in the business of selling dogs or cats, or both, at retail, and by virtue of the sales of dogs or cats is required to possess a permit pursuant to §. See California Health and Safety Code 122125
  • purchaser: means a person who purchases a dog or cat from a pet dealer without the intent to resell the animal. See California Health and Safety Code 122125
  • Writing: includes any form of recorded message capable of comprehension by ordinary visual means. See California Financial Code 8