Section 18427.11 Of Article 5. Securities Transactions From California Financial Code >> Division 7. >> Chapter 5. >> Article 5.
18427.11
. The commissioner may by regulation or order restrict,
limit, prohibit or otherwise condition the uses of the proceeds from
the sale of securities, the extent to which a security may be
included within the definition of capital, or the extent to which the
proceeds from the sale of securities may be included in the
investment certificate ratio as defined by Section 18016, or used to
increase outstanding investment certificates.