California Statutes

§ 30603. — 30603. (Added by Stats. 1972, Ch. 1057.)

California § 30603.
JurisdictionCalifornia
Code FINFinancial Code - FIN
Div. 14.DIVISION 14. SECURITIES DEPOSITORIES
Ch. 3.CHAPTER 3. Revocation of License

This text of California § 30603. (30603. (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 § 30603. (2026).

Text

If it appears to the commissioner that any licensed securities depository located within this state is conducting business in an unsafe or injurious manner, he shall, by written order addressed to the securities depository direct the discontinuance of such unsafe or injurious practices, or if the licensed securities depository is one which is located outside this state but is soliciting holders of securities in California to place their securities in such securities depository, the commissioner shall direct such securities depository to discontinue all such solicitations until all such unsafe and unsound practices have been corrected.

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Legislative History

Added by Stats. 1972, Ch. 1057.
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California § 30603., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/FIN/30603..