{"code":"CORP","codeName":"Corporations Code","section":"25211.5","citation":"Corp. Code, § 25211.5","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"TITLE 4. SECURITIES [25000. - 31528.]","url":"https://blackletter.si/corporations-code/title-4"},{"name":"DIVISION 1. CORPORATE SECURITIES LAW OF 1968 [25000. - 25707.]","url":"https://blackletter.si/corporations-code/title-4/division-1"},{"name":"PART 3. REGULATION AND NOTICE FILING REQUIREMENTS OF AGENTS, BROKER-DEALERS, INVESTMENT ADVISER REPRESENTATIVES, AND INVESTMENT ADVISERS [25200. - 25256.]","url":"https://blackletter.si/corporations-code/title-4/division-1/part-3"},{"name":"CHAPTER 2. Licensing of Agents and Broker-Dealers [25210. - 25221.]","url":"https://blackletter.si/corporations-code/title-4/division-1/part-3/chapter-2"}],"history":"Added by Stats. 1983, Ch. 859, Sec. 2.   Effective September 16, 1983.","effective":"1983-09-16","html":"<p>A broker-dealer acting pursuant to a certificate which is then in effect and which is issued pursuant to Section <a href=\"/corp/25211\">25211</a>, shall be exempt from the usury provisions of the State Constitution. This section creates and authorizes a class of persons pursuant to Section <a href=\"/corp/1\">1</a> of Article XV of the Constitution.</p>","text":"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.","otherVersions":[],"url":"https://blackletter.si/corporations-code/licensing-of-agents-and-broker-dealers-25211-5","source":"California Legislative Information bulk export (pubinfo)"}