§ 25212.1
60 words·~1 min read·
/ca/corporations-code/25212-1A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The commissioner may immediately revoke by order the certificate of any broker-dealer if the broker-dealer fails to comply with any currently effective order of the commissioner which is necessary for the protection of any investor, unless the broker-dealer secures a court order restraining the enforcement of the commissioner’s revocation order within 10 days of the date the order is issued.