California Insurance Code

§ 854

Name: California Superior Court Tentative Rulings
Creator: DecisionDepot
License: https://creativecommons.org/licenses/by-nc/4.0/

INS § 854Div. 1 · Part 2 · Ch. 1 · Art. 8

Statute text

View on leginfo.ca.gov

After receipt of notice in writing from the commissioner, stating that the sale of a security would, in the commissioner’s opinion, be unfair, unjust, or inequitable to the purchaser, no broker shall sell such security until and unless the commissioner in writing withdraws the objection.

Legislative history

Enacted by Stats. 1935, Ch. 145.