California § 30603 - If it appears to the commissioner that any licensed securities depository located
Full text of California Public Contract Code - PCC § 30603 — If it appears to the commissioner that any licensed securities depository located, with citation guidance and answers to common questions.
§ 30603. If it appears to the commissioner that any licensed securities depository located
If it appears to the commissioner that any licensed securities depository located within this state is conducting business in an unsafe or injurious manner, he shall, by written order addressed to the securities depository direct the discontinuance of such unsafe or injurious practices, or if the licensed securities depository is one which is located outside this state but is soliciting holders of securities in California to place their securities in such securities depository, the commissioner shall direct such securities depository to discontinue all such solicitations until all such unsafe and unsound practices have been corrected.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 30603
What does Public Contract Code - PCC § 30603 cover?
Section 30603 ("If it appears to the commissioner that any licensed securities depository located") 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 § 30603?
A common citation format is "Public Contract Code - PCC § 30603" (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 § 30603 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.