California § 30216. 30216. (Added by Stats. 1972, Ch. 1057.)

California Statutes

§ 30216. — 30216. (Added by Stats. 1972, Ch. 1057.)

California § 30216.

Code FINFinancial Code - FIN

Div. 14.DIVISION 14. SECURITIES DEPOSITORIES

Ch. 2.CHAPTER 2. License

This text of California § 30216. (30216. (Added by Stats. 1972, Ch. 1057.)) 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 § 30216. (2026).

Text

Whenever in the opinion of the commissioner any person required by this division to be licensed is engaged in operating a securities depository or in soliciting securities holders within this state to place securities in a securities depository, without a license from the commissioner, the commissioner may order said person to desist and to refrain from engaging in such business. If, after such an order is made, a request for a hearing is filed in writing and the hearing is not held within 60 days thereafter, the order is rescinded.

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Whenever in the opinion of the commissioner any person required by this division to be licensed is engaged in operating a securities depository or in soliciting securities holders within this state to place securities in a securities depository, without a license from the commissioner, the commissioner may order said person to desist and to refrain from engaging in such business. If, after such an order is made, a request for a hearing is filed in writing and the hearing is not held within 60 days thereafter, the order is rescinded.

Legislative History

Added by Stats. 1972, Ch. 1057.

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California § 30216., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/FIN/30216..