Section 2031.
Cal. Financial Code - FIN § 2031.
in effectOnly the following persons may apply for or be issued a license:
(a)
A corporation or limited liability company organized under the laws of this state.
(b)
A corporation, other than a corporation organized under the laws of this state, that is qualified to transact intrastate business in this state under Chapter 21 (commencing with Section 2100) of Division 1 of Title 1 of the Corporations Code.
(c)
A limited liability company, other than a limited liability company organized under the laws of this state, that is qualified to transact intrastate business in this state under Article 8 (commencing with Section 17708.01)
of the Corporations Code, except a limited liability company that is organized outside the United States shall not be issued a license.
Source: CA Legislative Counsel Bulk DataURL: https://downloads.leginfo.legislature.ca.gov/pubinfo_2025.zipFetched: 6/27/2026