Every permit to sell securities shall recite in bold type that the issuance thereof is permissive only and does not constitute a recommendation or endorsement of the securities permitted to be issued.
Cal. Fin. Code § 5617
Postincorporation Organization of Associations
Known as the Savings Association Law
The act spans §§ 5000–10009 (387 sections).
Amended by Stats. 1988, Ch. 718, Sec. 8.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.