Statute · California Corporations Code

Cal. Corp. Code § 25146 — Authority of the Commissioner

Cal. Corp. Code § 25146

Type
Statute
Source
California Corporations Code
Jurisdiction
California
Current through
Nov 2, 2026 (California Legislative Counsel)

For a period of 18 months after the qualification is effective, the commissioner may by rule or order require an issuer who has filed an application to file reports not more often than semiannually for the purpose of keeping reasonably current the information contained in the application;…

Citator

Cal. Corp. Code § 25146 — Authority of the Commissioner is in force in the current edition of the Code, and nothing recorded condemns it.

For a period of 18 months after the qualification is effective, the commissioner may by rule or order require an issuer who has filed an application to file reports not more often than semiannually for the purpose of keeping reasonably current the information contained in the application; provided, that the commissioner may not require the filing of any such report after completion of the offering if a nonissuer transaction in the security would be entitled to exemption under Section 25101.