Cal. Financial Code § 18018.1

California · California Financial Code · Status: effective

Cite this

Citation: Cal. Financial Code § 18018.1, California, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/815005
Permanent ID: ys:prov:815005@1
SHA-256: f5b7c8c2bde0ba8462a92f1242d2af1dc5a84e39c0916ee71ae22bcdb39d688a

The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.

Full text

“Primary capital,” as used in this division, means the sum of common stock, perpetual preferred stock, capital surplus, undivided profits, capital reserves, and mandatory convertible debt (to the extent of 20 percent of primary capital exclusive of that debt).