Any person who materially assists in any violation of Section 25110, 25120, 25130, 25133, or 25401, or a condition of qualification under Chapter 2 (commencing with Section 25110) of Part 2 of this division imposed pursuant to Section 25141, or a condition of qualification under Chapter 3 (commencing with Section 25120) of Part 2 of this division imposed pursuant to Section 25141, or an order suspending trading issued pursuant to Section 25219, with intent to deceive or defraud, is jointly and severally liable with any other person liable under this chapter for such violation.
Cal. Corp. Code § 25504.1
Civil Liability
Known as the Corporate Securities Law
The act spans §§ 25000–25707 (201 sections).
Applied in 13 court decisions — leading case 685 F. Supp. 1132 - In Re Rexplore, Inc. Securities Litigation (1988)
Most recently applied in 120 F. Supp. 3d 1028 - Schaffer Family Investors, LLC v. Sonnier (August 2015)
Amended by Stats. 1977, Ch. 762.
How often courts cite this section
Court decisions citing this, by year. The dip in the last several years is a data-coverage gap, not a real trend — our corpus holds fewer opinions from the most recent years, so recent citations are undercounted.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.