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§ 1121 — California Law | CourtGPT
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  6. Chapter 5 - Corporate Requirements/
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  8. § 1121
California Legal Code

§ 1121

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1121. No bank or trust company after October 1, 1949, shall issue any shares before they are fully paid for.(Added by Stats. 2011, Ch. 243, Sec. 3. (SB 664) Effective January 1, 2012.)