Corporations Code section 25245


It is unlawful for any person willfully to make any untrue statement of a material fact in any application, notice, or report filed with the commissioner under this part, or willfully to omit to state in any such application, notice, or report any material fact which is required to be stated therein.

Source: Section 25245, https://leginfo.­legislature.­ca.­gov/faces/codes_displaySection.­xhtml?lawCode=CORP§ionNum=25245.­ (updated Jan. 1, 1998; accessed Jun. 30, 2025).

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Verified:
Jun. 30, 2025

§ 25245's source at ca​.gov