Cal. Corp. Code § 25530.1

Current through the 2023 Legislative Session.
Section 25530.1 - Prohibition from acting as officer or director of issuer

In any proceeding under Section 25530, the court may prohibit, conditionally or unconditionally, and permanently or for such period of time as it shall determine, any person who violated Section 25401 from acting as an officer or director of any issuer that has securities qualified pursuant to Section 25110, or that has securities or a transaction exempt from qualification pursuant to Section 25100, 25102, or 25103, if the person's conduct demonstrates unfitness to serve as an officer or director of the issuer.

Ca. Corp. Code § 25530.1

Added by Stats 2007 ch 101 (SB 998),s 6, eff. 1/1/2008.