Skip to content

Earlier editions: 2020-112018-11

DIVISION 2. EMPLOYMENT REGULATION AND SUPERVISION 200-2699.8›PART 1. COMPENSATION 200-452›CHAPTER 3. Privileges and Perquisites 350-452›ARTICLE 2. Bonds and Photographs 400-410

§ 407

California Labor Code · 2026 edition · updated 2026-10-04 · California

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.

(Enacted by Stats. 1937, Ch. 90.)

Get a plain-English answer with a citation back to this text.

Ask AI about this code
▸Contents — California Labor Code

GoCodebook provides public access, search, citation, multilingual explanation, and practical interpretation of legally adopted building regulations. It is not a substitute for the official ICC or California code publications.