The commissioner may immediately revoke the certificate of any investment adviser if the investment adviser fails to comply with any currently effective order of the commissioner which is necessary for the protection of any investor, unless the investment adviser secures a court order restraining the enforcement of the commissioner’s revocation order within 10 days of the date the order is issued.
Cal. Corp. Code § 25232.3
Licensing and Notice Filing Requirements of Investment Adviser Representatives and Investment Advisers
Known as the Corporate Securities Law
The act spans §§ 25000–25707 (201 sections).
Amended by Stats. 2002, Ch. 772, Sec. 6
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.