Cal. Corporations Code § 28703
Cal. Corporations Code § 28703
California · California Corporations Code · Status: effective · Effective 1999-01-01
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- Citation
- Cal. Corporations Code § 28703, California, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/793532
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Full text
The commissioner may issue a cease and desist order, including an order to take appropriate corrective action, if, after notice and a hearing, the commissioner finds either of the following:
(a) That any licensee or any subject person of a licensee has violated, is violating, or that there is reasonable cause to believe that any licensee or any subject person of a licensee may violate, any provision of this division or of any regulation or order issued under this division or any provision of any other applicable law.
(b) That any licensee or any subject person of a licensee has engaged or participated in, is engaging or participating in, or that there is reasonable cause to believe that any licensee or any subject person of a licensee may engage or participate in, any unsafe or unsound act with respect to the business of the licensee.