Section 2031 Of Chapter 3. Licenses From California Financial Code >> Division 1.2. >> Chapter 3.
2031
. Only 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.