California AB2197 regulates the solicitation of financial services or products to school employees by businesses.
California AB2197 establishes rules for businesses soliciting financial services or products to school employees. It prohibits inducements and requires representatives to disclose their compensation method. Solicitation is only allowed if certain conditions are met, including following security measures, avoiding areas where pupils are present, and not using state or agency representations. The bill also mandates that solicitations include information about similar services available through the state or public agencies.
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