Statute · California Government Code

Cal. Gov't Code § 53692 — Sale of Securities

Cal. Gov't Code § 53692

Type
Statute
Source
California Government Code
Jurisdiction
California
Date
2004-01-22
Current through
Nov 2, 2026 (California Legislative Counsel)

In addition to any other requirement imposed by law, at least 15 days prior to the sale of any public securities that exceed one million dollars ($1,000,000) but do not exceed ten million dollars ($10,000,000) at a public sale and at least five days prior to the sale of any public securities…

Citator

Cal. Gov't Code § 53692 — Sale of Securities is in force in the current edition of the Code, and nothing recorded condemns it.

In addition to any other requirement imposed by law, at least 15 days prior to the sale of any public securities that exceed one million dollars ($1,000,000) but do not exceed ten million dollars ($10,000,000) at a public sale and at least five days prior to the sale of any public securities that exceed ten million dollars ($10,000,000) at a public sale, an issuer shall publish notice of the intention to sell the securities in a financial publication generally circulated throughout the state or reasonably expected to be disseminated among prospective bidders for the securities. The notice shall include the date, time, and place of the intended sale and the amount of the securities to be sold.