§ 5620 (a) A stock association may issue shares of common stock and …
§ 5621 (a) With the approval of the commissioner, a mutual association …
§ 5622 Capital stock of a stock association shall be issued pursuant to the …
§ 5623 A mutual association may issue mutual capital certificates in …
§ 5624 An association may issue net worth certificates in accordance with …

Terms Used In California Codes > Financial Code > Division 2 > Chapter 2 > Article 4 - Issuance of Stock and Certificates

  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • department: means State Department of Health Services. See California Health and Safety Code 20
  • Intangible property: Property that has no intrinsic value, but is merely the evidence of value such as stock certificates, bonds, and promissory notes.
  • WIC Program: means the California Special Supplemental Nutrition Program for Women, Infants, and Children. See California Health and Safety Code 123285