5617. Every permit to sell securities shall recite in bold type that the issuance thereof is permissive only and does not constitute a recommendation or endorsement of the securities permitted to be issued.(Amended by Stats. 1988, Ch. 718, Sec. 8.)
California Legal Code
§ 5617
Source: https://leginfo.legislature.ca.gov/faces/codes_displayText.xhtml?lawCode=FIN&division=2.&title=&part=&chapter=2.&article=3.· Version 2026