Corp. Code, § 25210 · Chapter 2. Licensing of Agents and Broker-Dealers
Corp. Code, § 25210
Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
(a) Unless exempted under the provisions of Chapter 1 (commencing with Section 25200) of this part, no broker-dealer shall effect any transaction in, or induce or attempt to induce the purchase or sale of, any security in this state unless the broker-dealer has first applied for and secured from the commissioner a certificate, then in effect, authorizing that person to act in that capacity.
(b) No person shall, on behalf of a broker-dealer licensed pursuant to Section 25211, or on behalf of an issuer, effect any transaction in, or induce or attempt to induce the purchase or sale of, any security in this state unless that broker-dealer and agent have complied with any rules as the commissioner may adopt for the qualification and employment of those agents.
(c) The commissioner shall, consistent with Section 25213, review the disciplinary histories of agents upon the filing of notice of (1) the employment or transfer of an agent for a broker-dealer, (2) an amendment to the information filed by the agent at the time of employment or transfer, and (3) the termination of employment of the agent from the broker-dealer.
Notes and commentary — not statutory text
History
Amended by Stats. 1998, Ch. 769, Sec. 2. Effective January 1, 1999.
Source of truth
- Edition
- As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
- Official file
- https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=CORP§ionNum=25210.
- Text hash
- sha256 cb81d33ddf092a9a852a4a3340cebd446790168dd79f9cf2874480a79af4189a
- Composed by
- compose_ca.py 2026-10-22: the Legislative Counsel's CAML content files read by a tokenizer (caml_readers.reader_a); an independent xml.etree reading (caml_readers.reader_b) agrees on every section
This section cites
Provisions in this library that the text above cites, as it prints each citation. A range cited as “ss. 61.13-61.16” links its first and last provisions.
Cited by 12 provisions
Provisions in this library whose text cites Corp. Code, § 25210. Each shows the citation as that text prints it.
Corporations Code
- Corp. Code, § 25004Printed as Section 25210
- Corp. Code, § 25200Printed as Section 25210
- Corp. Code, § 25204Printed as Section 25210
- Corp. Code, § 25206Printed as Section 25210
- Corp. Code, § 25206.1Printed as Section 25210
- Corp. Code, § 25207Printed as Section 25210 or 25230
- Corp. Code, § 25208Printed as Section 25210
- Corp. Code, § 25209Printed as Section 25210
- Corp. Code, § 25241Printed as Section 25210 or 25230
- Corp. Code, § 25532Printed as Section 25210, 25230, or 25230.1
- Corp. Code, § 25608Printed as Section 25210
- Corp. Code, § 25608.1Printed as Section 25210
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