California Corporations Code

§ 25236

CORP § 25236Div. 1 · Title 4 · Part 3 · Ch. 3

Statute text

(a)No investment adviser licensed under this chapter shall conduct any business as such investment adviser in this state unless the investment adviser and all natural persons associated with such investment adviser meet such specified and appropriate standards with respect to training, experience and other qualifications as the commissioner finds necessary or desirable. The commissioner may establish such standards by rule, which may

(1)Appropriately classify investment advisers and persons associated with investment advisers;

(2)Specify that all or any portion of such standards shall be applicable to any such class; and

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Legislative history

Added by Stats. 1968, Ch. 88.