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HomeCorporations CodeCh. 1§ 27503 Commissioner Investigative Powers

§ 27503 Commissioner Investigative Powers

Corporations Code·California
AI Summary·Official Text·Key Terms·Related Statutes·References
AI SummaryVerified

§ 27503 Commissioner Investigative Powers

Key Takeaways

  • •The boss (commissioner) can check if a company is breaking the rules, even if it's in another state.
  • •The boss can tell everyone if a company breaks the rules.
  • •The boss can make new rules or forms to help stop companies from breaking the rules.

Example

A toy company is selling unsafe toys that can hurt kids.

The boss can investigate the toy company, even if it's in another state. If the company is breaking the rules, the boss can tell everyone about it and make new rules to stop the company from selling unsafe toys.

AI-generated — May contain errors. Not legal advice. Always verify source.

Official Source
View on CA.gov

§ 27503 Commissioner Investigative Powers

With respect to the investigative powers of the commissioner under this chapter, the commissioner may do the following at their discretion: (a) Make public or private investigations within or outside of this state as they deem necessary to determine whether a covered entity has violated or is about to violate any provision of this chapter, any rule or order pursuant to this chapter or to aid in the enforcement of this chapter in the prescribing of rules and forms pursuant to this chapter. (b) Publish information concerning any violations of this chapter or of any rule or order pursuant to this chapter. (Added by Stats. 2024, Ch. 41, Sec. 21. (SB 164) Effective June 29, 2024.)

Last verified: January 23, 2026

Key Terms

investigative powerscommissionerviolationspublic or private investigationspublish information

Related Statutes

  • § 25105 Commissioner Exemption Authority
  • § 25204 Investor Protection Exemptions
  • § 25507 Statute Of Limitations
  • § 27506 Commissioner Rulemaking Authority
  • § 28041 Commissioner Order Definitions

References

  • Official text at leginfo.legislature.ca.gov
  • California Legislature. Corporations Code. Section 27503.
View Official Source