§ 854
45 words·~1 min read·
/ca/insurance-code/854A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
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.