What percentage of stock/shares must be held by licensed agents in a bail corporation?

In California, for a bail corporation to operate legally, it is required that 100% of the stock or shares be held by licensed bail agents. This regulation is in place to ensure that the individuals who manage and have a financial stake in the bail business are properly vetted, experienced, and licensed, thereby maintaining the integrity and accountability of the bail industry. Allowing only licensed agents to hold all shares mitigates the risk of unqualified individuals influencing the corporation, enhancing public trust and regulatory compliance within the bail system. This protects both clients and the overall legal framework governing bail corporations.