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HomeFinancial CodeDiv. 1.1Ch. 21Art. 1§ 1852 Corporation Formation Authorization

§ 1852 Corporation Formation Authorization

Financial Code·California
AI Summary·Official Text·Key Terms·Related Statutes·References
AI SummaryVerified

§ 1852 Corporation Formation Authorization

Key Takeaways

  • •You need permission from the commissioner to start a corporation.
  • •This permission must be in writing before you can begin.
  • •The rules for getting this permission are in Chapter 3 of the law.

Example

You and your friends want to start a business selling lemonade.

Before you can officially create your lemonade company, you must get written permission from the commissioner. If you don’t get this permission first, you can’t legally start your business.

AI-generated — May contain errors. Not legal advice. Always verify source.

Official Source
View on CA.gov

§ 1852 Corporation Formation Authorization

When authorized by the previous written consent of the commissioner as provided by Chapter 3 (commencing with Section 1040) one or more persons may organize a corporation. (Added by Stats. 2011, Ch. 243, Sec. 3. (SB 664) Effective January 1, 2012.)

Last verified: January 23, 2026

Key Terms

corporationwritten consentcommissionerChapter 3

Related Statutes

  • § 1871 Corporate Recordkeeping Compliance
  • § 1872 Corporate Communication Reporting Requirements
  • § 1873 Annual Corporate Condition Report
  • § 1875 Corporate Reporting Penalties
  • § 1877 Corporate Stockholder Records Requirement

References

  • Official text at leginfo.legislature.ca.gov
  • California Legislature. Financial Code. Section 1852.
View Official Source