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Code · California · Corporations Code

§ 25211.5

50 words·~1 min read·/ca/corporations-code/25211-5

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A broker-dealer acting pursuant to a certificate which is then in effect and which is issued pursuant to Section 25211, shall be exempt from the usury provisions of the State Constitution. This section creates and authorizes a class of persons pursuant to Section 1 of Article XV of the Constitution.
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