California Financial Code

§ 18427

FIN § 18427 Effective Jan 1, 1997Div. 7 · Ch. 5 · Art. 5

Statute text

Unless the context otherwise requires, in this article:

(a)“Offer” or “offer to sell” includes every attempt or offer to dispose of, or solicitation of an offer to buy, a security for value.

(b)“Sale” or “sell” includes every contract of sale of, contract to sell, or disposition of, a security for value. “Sale” or “sell” includes any exchange of securities and any change in the rights, preferences, privileges, or restrictions of or on outstanding securities.

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Legislative history

Repealed and added by Stats. 1996, Ch. 1064, Sec. 598. Effective January 1, 1997. Operative July 1, 1997.