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Section 5103 Of Article 2. General Definitions From California Financial Code >> Division 2. >> Chapter 1. >> Article 2.
5103
. "Certificate of authority" means:
(a) A certificate of authority to transact the business of an association, which is issued by the commissioner pursuant to this division.
(b) An uncanceled annual license issued to an association under prior law which is valid on the effective date of this division.
(a) A certificate of authority to transact the business of an association, which is issued by the commissioner pursuant to this division.
(b) An uncanceled annual license issued to an association under prior law which is valid on the effective date of this division.
