Statute · California Corporations Code

Cal. Corp. Code § 25147 — Authority of the Commissioner

Cal. Corp. Code § 25147

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

The commissioner may by rule or order require as a condition of qualification that any security qualified under Section 25113 be sold only on a specified form of subscription or sale contract, and that a signed or conformed copy of each contract be preserved for any period up to three years…

Citator

Cal. Corp. Code § 25147 — Authority of the Commissioner is in force in the current edition of the Code, and nothing recorded condemns it.

The commissioner may by rule or order require as a condition of qualification that any security qualified under Section 25113 be sold only on a specified form of subscription or sale contract, and that a signed or conformed copy of each contract be preserved for any period up to three years specified in the rule or order.