California Labor Code Section 407

CA Labor Code § 407 (2017)  

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.)

Last modified: October 25, 2018