§ 12305 Commissioner Investigation Authority

Financial Code·California

AI SummaryVerified

This law lets the commissioner check a business's records to make sure they're following the rules.

Key Takeaways

•The commissioner can investigate businesses to check for rule-breaking.
•They can look at books, accounts, records, and files.
•This applies to licensed businesses, their agents, and anyone suspected of breaking the rules.

Example

A store is accused of selling fake products.

The commissioner can look at the store's records to see if they're breaking the rules.

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

Official Source

View on CA.gov

§ 12305 Commissioner Investigation Authority

For the purpose of discovering violations of this division the commissioner may at any time investigate the business and examine the books, accounts, records, and files used therein, of any licensee, of any agent, and of any person who the commissioner has reason to believe is engaging in the business defined in this division. (Amended by Stats. 1963, Ch. 1817.)

Last verified: January 10, 2026

Key Terms

commissioner investigate licensee agent violations

References

Official text at leginfo.legislature.ca.gov
California Legislature. Financial Code. Section 12305.

Key Takeaways

Example

Key Terms

Related Statutes

References

Key Takeaways

Example

Key Terms

Related Statutes

References