California Government Code

§ 5955

GOV § 5955 Effective Sep 29, 1994Div. 6 · Title 1 · Ch. 13

Statute text

The obtaining of local agency consent to an offer or sale of a security under Section 5951 shall not obviate the necessity of qualification of the offer or sale of such security under Division 1 (commencing with Section 25000) of Title 4 of the Corporations Code, unless the security or transaction is exempt from qualification under such law.

Legislative history

Added by Stats. 1994, Ch. 972, Sec. 3. Effective September 29, 1994.