No person other than a California corporation may apply for or be issued a license.

(Added by Stats. 1977, Ch. 1164.)

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Terms Used In California Financial Code 31151

  • 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.
  • Person: includes any person, firm, partnership, association, corporation, company, limited liability company, syndicate, estate, trust, business trust, or organization of any kind. See California Financial Code 18