California Corporations Code

§ 25100

CORP § 25100 Effective Jan 1, 2022Div. 1 · Title 4 · Part 2 · Ch. 1

Statute text

The following securities are exempted from Sections 25110, 25120, and 25130:

(a)Any security (including a revenue obligation) issued or guaranteed by the United States, any state, any city, county, city and county, public district, public authority, public corporation, public entity, or political subdivision of a state or any agency or corporate or other instrumentality of any one or more of the foregoing; or any certificate of deposit for any of the foregoing.

(b)Any security issued or guaranteed by Canada, any Canadian province, any political subdivision or municipality of that province, or by any other foreign government with which the United States currently maintains diplomatic relations, if the security is recognized as a valid obligation by the issuer or guarantor; or any certificate of deposit for any of the foregoing.

…

Legislative history

Amended by Stats. 2021, Ch. 512, Sec. 1. (AB 283) Effective January 1, 2022.