Section 10.3167 - Information Regarding Proposed Capitalization(a) Provide a pro forma statement of the shareholders' equity of the subject institution as of the date of commencement of business, showing: (1) Authorized number of shares.(2) Number of shares outstanding.(3) Amount of contributed capital.(4) Amount of retained earnings.(b) Describe the plan for selling shares of the subject institution, including: (1) Number of shares proposed to be sold.(2) Proposed selling price per share.(3) Whether or not shares are proposed to be offered to the public.(4) Proposed method of selecting and contacting offerees.(5) Minimum and maximum number of shares proposed to be sold to any one person and his associates.(6) Percentage of shares proposed to be sold to proposed directors, proposed officers, and their consociates, as a group, and percentage of shares proposed to be sold to others.(7) Proposed total number of shareholders.Cal. Code Regs. Tit. 10, § 10.3167
1. Change without regulatory effect amending subsection (b)(4) and adoption of NOTE filed 8-28-91 pursuant to section 100, title 1, California Code of Regulations (Register 92, No. 4).
2. Repealer of subsection (b)(6), subsection renumbering, and amendment of NOTE filed 4-7-97; operative 4-7-97 pursuant to Government Code section 11343.4(d) (Register 97, No. 15). Note: Authority cited: Section 215, Financial Code. Reference: Section 360, Financial Code.
1. Change without regulatory effect amending subsection (b)(4) and adoption of Note filed 8-28-91 pursuant to section 100, title 1, California Code of Regulations (Register 92, No. 4).
2. Repealer of subsection (b)(6), subsection renumbering, and amendment of Note filed 4-7-97; operative 4-7-97 pursuant to Government Code section 11343.4(d) (Register 97, No. 15).