California Law (Last Updated: March 4, 2014) |
Financial Code - FIN |
Division 15. BUSINESS AND INDUSTRIAL DEVELOPMENT CORPORATIONS |
Chapter 3. Licensing |
Section 31157.
Latest version.
-
No licensee shall represent that it is sponsored, recommended, or approved by, or that its abilities or qualifications have in any respect been passed upon by, the commissioner. Nothing in this section shall be deemed to prohibit a licensee from stating that it is licensed if the effect of such license is not misrepresented.
(Amended by Stats. 1996, Ch. 1064, Sec. 649. Effective January 1, 1997. Operative July 1, 1997.)