Home/California/Statutes/Code LAB: Labor Code - LAB/Div. 2.: DIVISION 2. EMPLOYMENT REGULATION AND SUPERVISION/Part 1.: PART 1. COMPENSATION/Ch. 3.: CHAPTER 3. Privileges and Perquisites/Art. 2.: ARTICLE 2. Bonds and Photographs/§ 407.
California Statutes

§ 407. — 407. (Enacted by Stats. 1937, Ch. 90.)

California § 407.
JurisdictionCalifornia
Code LABLabor Code - LAB
Div. 2.DIVISION 2. EMPLOYMENT REGULATION AND SUPERVISION
Part 1.PART 1. COMPENSATION
Ch. 3.CHAPTER 3. Privileges and Perquisites
Art. 2.ARTICLE 2. Bonds and Photographs

This text of California § 407. (407. (Enacted by Stats. 1937, Ch. 90.)) 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. Labor Code - LAB Code § 407. (2026).

Text

Investments and the sale of stock or an interest in a business in connection with the securing of a position are illegal as against the public policy of the State and shall not be advertised or held out in any way as a part of the consideration for any employment.

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Legislative History

Enacted by Stats. 1937, Ch. 90.
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California § 407., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/LAB/407..