California Labor Code

§ 407

Name: California Superior Court Tentative Rulings
Creator: DecisionDepot
License: https://creativecommons.org/licenses/by-nc/4.0/

LAB § 407Div. 2 · Part 1 · Ch. 3 · Art. 2

Statute text

View on leginfo.ca.gov

Investments and the sale of stock or an interest in a business in connection with the securing of a position are illegal as against the public policy of the State and shall not be advertised or held out in any way as a part of the consideration for any employment.

Legislative history

Enacted by Stats. 1937, Ch. 90.