BlackletterCalifornia law

Corporations Code § 25211.5

CHAPTER 2. Licensing of Agents and Broker-Dealers

Current as of September 28, 2026Corp. Code, § 25211.5Official source ↗

Added by Stats. 1983, Ch. 859, Sec. 2. Effective September 16, 1983.

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.