California Code of Regulations
Title 10 - Investment
Chapter 3 - Commissioner of Financial Protection and Innovation
Subchapter 2.3 - Capital Access Companies
Article 5 - Advertising
Section 280.300 - Prohibited Advertising
Current through Register 2024 Notice Reg. No. 38, September 20, 2024
(a) No capital access company shall advertise that it or any of its officers, employees, or agents are "bonded," "supervised by," "regulated by," "audited by" or "examined by" the State of California or any agency thereof.
(b) A capital access company shall refer to its licensure under the Capital Access Company Law in any written or printed communication or any communication by means of recorded telephone messages, telephonic or electronic media, or spoken on radio, television or similar communications media, only by the following statement: "Licensed by the Department of Business Oversight under the Capital Access Company Law."
1. New
article 5 (sections
280.300-280.301) and section filed
6-24-99; operative 7-1-99 pursuant to Government Code section
11343.4(d)
(Register 99, No. 26).
2. Editorial correction of HISTORY 1
(Register 99, No. 27).
3. Change without regulatory effect amending
subsection (b) filed 8-13-2014 pursuant to section
100, title 1, California Code of
Regulations (Register 2014, No. 33).
Note: Authority cited: Section 28155, Corporations Code. Reference: Section 28951, Corporations Code.
