California Legal Codes and Statutes

§ 1857

Added by Stats. 2011, Ch. 243, Sec. 3. (SB 664) Effective January 1, 2012.

No corporation shall purchase, own, or hold stock or certificates of ownership in any other corporation organized under this article or under the laws of any state which is in substantial competition therewith, or which holds stock or certificates of ownership in corporations which are in substantial competition with the purchasing corporation.

Cite this section

Cal. Fin. Code § 1857 (2026)
https://ca.codecond.com/codes/fin/division-1-1-banking/chapter-21-international-and-foreign-banking-and-financing/article-1-international-and-foreign-banking-and-financing-corporations/section-1857

Other sections in Article 1 - International and Foreign Banking and Financing Corporations

§ 1850§ 1851§ 1852§ 1853§ 1854§ 1855§ 1856§ 1857§ 1858§ 1859…§ 1888§ 1889§ 1890§ 1891§ 1892§ 1893§ 1894§ 1895§ 1896§ 1897

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