Financial Code § 50502

CHAPTER 7. Prohibited Practices and Penalties

Current as of September 28, 2026Fin. Code, § 50502Official source ↗

Added by Stats. 1994, Ch. 994, Sec. 7. Effective January 1, 1995. Section operative January 1, 1996, pursuant to Section 50601 (later repealed).

It is a violation of this division for any person to make any untrue statement of a material fact in any document filed with the commissioner under this division or rules adopted thereunder, or to omit any material fact which is required to be stated in any document.