Home/California/Statutes/Code FIN: Financial Code - FIN/Div. 14.: DIVISION 14. SECURITIES DEPOSITORIES/Ch. 3.: CHAPTER 3. Revocation of License/§ 30604.
California Statutes

§ 30604. — 30604. (Added by Stats. 1972, Ch. 1057.)

California § 30604.
JurisdictionCalifornia
Code FINFinancial Code - FIN
Div. 14.DIVISION 14. SECURITIES DEPOSITORIES
Ch. 3.CHAPTER 3. Revocation of License

This text of California § 30604. (30604. (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 § 30604. (2026).

Text

An order issued pursuant to Section 30601 or 30603 shall require the licensed securities depository to show cause before the commissioner, at a time fixed by the commissioner, why the order should not be observed. If upon the hearing, it appears to the commissioner that the licensed securities depository is conducting business in an unsafe or injurious manner or is violating its articles of incorporation or any law of this state, or any rule binding upon it, the commissioner shall make the order of discontinuance final and the licensed securities depository shall immediately discontinue the practices named in the order.

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Legislative History

Added by Stats. 1972, Ch. 1057.
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California § 30604., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/FIN/30604..