California Corporations Code

§ 25101

CORP § 25101 Effective Jan 1, 2010Div. 1 · Title 4 · Part 2 · Ch. 1

Statute text

The following securities are exempt from the provisions of Section 25130:

(a)Any security issued by a person that is the issuer of any security listed on a national securities exchange, if the exchange is certified by rule or order of the commissioner.

(b)The exemption provided by subdivision (a) does not apply to securities offered pursuant to a registration under the Securities Act of 1933 or pursuant to the exemption afforded by Regulation A under that act if the aggregate offering price of the securities offered pursuant to that exemption exceeds fifty thousand dollars ($50,000).

Legislative history

Amended by Stats. 2009, Ch. 131, Sec. 10. (AB 991) Effective January 1, 2010.