California Code of Regulations
Title 10 - Investment
Chapter 1 - Commissioner of Business Oversight, Division of Financial Institutions
Subchapter 80 - Money Transmission
Article 5 - Issuance of License
Subarticle 4 - Post-Approval Matters
Section 80.4304 - Certificate of Good Standing
Current through Register 2024 Notice Reg. No. 38, September 20, 2024
(a) In case an applicant is a foreign corporation, such applicant shall, not less than five business days before being issued a license, file with the Commissioner a Certificate of Good Standing--Foreign Corporation of the Secretary of State of the State of California, certifying that the applicant has qualified to transact intrastate business in the State of California and is in good corporate standing under the laws of the State of California.
(b) In case an applicant is a foreign limited liability company, such applicant shall, not less than five business days before being issued a license, file with the Commissioner a Certificate of Good Standing--Foreign Limited Liability Company of the Secretary of State of the State of California, certifying that the applicant has qualified to transact intrastate business in the State of California and is in good standing under the laws of the State of California.
1. Change
without regulatory effect amending section filed 8-19-97 pursuant to section
100, title 1, California Code of
Regulations (Register 97, No. 34).
2. Amendment of section and NOTE
filed 8-11-2015; operative 10-1-2015 (Register 2015, No.
33).
Note: Authority cited: Sections 321, 334 and 2032, Financial Code. Reference: Section 17708.02, Corporations Code; and Section 2032, Financial Code.
