No rule, form or order may be made, amended, or rescinded unless the commissioner finds that the action is necessary or appropriate in the public interest or for the protection of investors and consistent with the purposes fairly intended by the policy and provisions of this law.
Cal. Corp. Code § 25612
ADMINISTRATION
Known as the Corporate Securities Law
The act spans §§ 25000–25707 (201 sections).
Applied in 1 court decision — leading case Laabs v. City of Victorville (2008)
Most recently applied in Laabs v. City of Victorville (July 2008)
Amended by Stats. 1995, Ch. 596, Sec. 1
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.