Section 50.3117 - Information Regarding PromotersIn case the applicant was incorporated within three years before the filing of the application, state whether or not there is any promoter of the applicant who is neither a director, officer, controlling person, nor proposed controlling person of the applicant, and, if so, with respect to each such promoter:
(a) In case the promoter is an individual, state:(4) Business or occupation.(5) Amount and type of securities of the applicant which the promoter owns or proposes to own, directly or indirectly, of record or beneficially.(6) Whether or not the promoter participates or proposes to participate in the management or operation of the applicant, and, if so, a description of such participation.(b) In case the promoter is any type of person other than an individual, state:(2) Type of person (that is, corporation, partnership, etc.).(3) Address of principal office.(4) Description of business.(5) Amount and types of securities of the applicant which the promoter owns or proposes to own, directly or indirectly, of record or beneficially.(6) Whether or not the promoter participates or proposes to participate in the management or operation of the applicant, and, if so, a description of such participation.Cal. Code Regs. Tit. 10, § 50.3117