Statute · California Corporations Code
Cal. Corp. Code § 25211.5 — Licensing of Agents and Broker-Dealers
Cal. Corp. Code § 25211.5
- Type
- Statute
- Source
- California Corporations Code
- Jurisdiction
- California
- Date
- 1983-09-16
- Current through
- Nov 2, 2026 (California Legislative Counsel)
A broker-dealer acting pursuant to a certificate which is then in effect and which is issued pursuant to Section 25211, shall be exempt from the usury provisions of the State Constitution. This section creates and authorizes a class of persons pursuant to Section 1 of Article XV of the Constitution.
Citator
Cal. Corp. Code § 25211.5 — Licensing of Agents and Broker-Dealers is in force in the current edition of the Code, and nothing recorded condemns it.
A broker-dealer acting pursuant to a certificate which is then in effect and which is issued pursuant to Section 25211, shall be exempt from the usury provisions of the State Constitution. This section creates and authorizes a class of persons pursuant to Section 1 of Article XV of the Constitution.