California Code of Regulations
Title 10 - Investment
Chapter 1 - Commissioner of Business Oversight, Division of Financial Institutions
Subchapter 50 - Business and Industrial Development Corporations
Article 5 - Corporate Matters
Subarticle 5 - Distribution to Shareholders
Section 50.4403 - Application: Signature

An application by a licensee for approval to make, or to obligate itself to make, a distribution to its shareholders shall be signed in the name of such licensee by an officer of the licensee.

1. Amendment of section heading, repealer of subsection (a) designator, repealer of subsection (b) and new NOTE filed 4-7-97; operative 4-7-97 pursuant to Government Code section 11343.4(d) (Register 97, No. 15).

Note: Authority cited: Section 31101, Financial Code. Reference: Sections 31107 and 31231, Financial Code.