California § 25218 - No broker-dealer licensed under this chapter shall effect any transaction in, or
Full text of California Public Contract Code - PCC § 25218 — No broker-dealer licensed under this chapter shall effect any transaction in, or, with citation guidance and answers to common questions.
§ 25218. No broker-dealer licensed under this chapter shall effect any transaction in, or
No broker-dealer licensed under this chapter shall effect any transaction in, or induce or attempt to induce the purchase or sale of, any security in this state in contravention of such rules as the commissioner may prescribe designed to promote just and equitable principles of trade, to provide safeguards against unreasonable profits or unreasonable rates of commissions or other charges, and in general to protect investors and the public interest, and to remove impediments to and perfect the mechanism of a free and open market.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 25218
What does Public Contract Code - PCC § 25218 cover?
Section 25218 ("No broker-dealer licensed under this chapter shall effect any transaction in, or") is part of the Public Contract Code - PCC, the codified statutory law of California. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite California § 25218?
A common citation format is "Public Contract Code - PCC § 25218" (California). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of California law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the California official source linked on this page or consult a licensed California attorney.
How does California § 25218 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in California can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in California.