California Financial Code 17313.1 – The fiscal year of Fidelity Corporation shall commence on July 1 of …
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The fiscal year of Fidelity Corporation shall commence on July 1 of each year.
(Added by Stats. 1988, Ch. 1458, Sec. 5. Effective September 28, 1988.)
Terms Used In California Financial Code 17313.1
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.