Cal. Corporations Code § 25243
Cal. Corporations Code § 25243
California · California Corporations Code · Status: effective · Effective 1981-10-02
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- Citation
- Cal. Corporations Code § 25243, California, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/793329
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Full text
It is unlawful for any person holding a certificate as a broker-dealer or investment adviser under this part to represent or imply in any manner whatsoever that such person has been sponsored, recommended, or approved or that the person’s abilities or qualifications have in any respect been passed upon by the commissioner. Nothing in this section prohibits a statement (other than in a paid advertisement) that a person holds a certificate under this law, if such statement is true in fact and if the effect of such licensing is not misrepresented.