California § 1206. 1206. (Added by Stats. 2011, Ch. 243, Sec. 3.)

California Statutes

§ 1206. — 1206. (Added by Stats. 2011, Ch. 243, Sec. 3.)

California § 1206.

Code FINFinancial Code - FIN

Div. 1.1.DIVISION 1.1. BANKING

Ch. 6.CHAPTER 6. Securities

This text of California § 1206. (1206. (Added by Stats. 2011, Ch. 243, Sec. 3.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Cal. Financial Code - FIN Code § 1206. (2026).

Text

The commissioner may impose conditions in any permit issued under Section 1205, requiring the deposit in escrow of securities, imposing a legend condition restricting the transferability thereof, impounding the proceeds from the sale thereof, limiting the expense in connection with the sale thereof, or such other conditions as he or she deems reasonable and necessary or advisable in the public interest.

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The commissioner may impose conditions in any permit issued under Section 1205, requiring the deposit in escrow of securities, imposing a legend condition restricting the transferability thereof, impounding the proceeds from the sale thereof, limiting the expense in connection with the sale thereof, or such other conditions as he or she deems reasonable and necessary or advisable in the public interest.

Legislative History

Added by Stats. 2011, Ch. 243, Sec. 3. (SB 664) Effective January 1, 2012.

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Bluebook (online)

California § 1206., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/FIN/1206..