GroundRules
FIN § 5105.8
Where this section sits in the code
- Financial Code - FIN
- DIVISION 2. SAVINGS ASSOCIATION LAW [5000. - 10009.]
- CHAPTER 1. Short Title, General Definitions, and General Provisions [5000. - 5330.]
- ARTICLE 2. General Definitions [5100. - 5124.]
“Corporate debt security” means a marketable obligation, evidencing the indebtedness of any corporation in the form of a bond, note, or debenture, or both note and debenture, which is commonly regarded as a debt security and is not predominantly speculative in nature. A security is marketable if it may be sold with reasonable promptness at a price which corresponds reasonably to its fair value.
Collected 2026-09-14T05:56:33Z. Source file · JSON