“Principal security holder,” means any person who owns, directly or indirectly, of record or beneficially, securities representing 10 percent or more of the voting power of the issuer of those securities.
Cal. Corp. Code § 28044
Definitions
Known as the Capital Access Company Law
The act spans §§ 28000 to 28958 (104 sections).
Added by Stats. 1998, Ch. 668, Sec. 3
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.