California Statutes

§ 31407. — 31407. (Amended by Stats. 2022, Ch. 188, Sec. 6.)

California·Code CORP Corporations Code - CORP·Div. 5.·Title 4. DIVISION 5. FRANCHISE INVESTMENT LAW·Part 4. PART 4. ENFORCEMENT·Ch. 2. CHAPTER 2. Powers of the Commissioner
(a)If, after examination or investigation, the commissioner has reasonable grounds to believe that any person is conducting or has conducted business in violation of any provision of this division or related rule or order binding upon it, the commissioner may, by written order addressed to the person, direct the discontinuance of the violation. The order shall be effective immediately, but shall not become final except in accordance with subdivision (b).
(b)An order issued pursuant to this section shall not become final except after notice to the affected person of the commissioner’s intention to make the order final and of the reasons for the finding. The commissioner shall also notify the person that upon receiving a request the matter shall be set for hearing to commence within

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California § 31407. (31407. (Amended by Stats. 2022, Ch. 188, Sec. 6.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Amended by Stats. 2022, Ch. 188, Sec. 6. (AB 2433) Effective January 1, 2023.
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