For the purposes of this article, “security” means any stock, subordinated debenture, warrant, or right or option to purchase any stock issued by an association.
Cal. Fin. Code § 5612
Postincorporation Organization of Associations
Known as the Savings Association Law
The act spans §§ 5000–10009 (387 sections).
Added by Stats. 1988, Ch. 718, Sec. 4.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.