California Financial Code

§ 18427.9

FIN § 18427.9 Effective Jan 1, 2023Div. 7 · Ch. 5 · Art. 5

Statute text

There shall be exempted from the provisions of Section 18427.1 all of the following:

(a)(1) Any offer, not involving a public offering, to an affiliate or to a person of the type described in subdivision (i) of Section 25102 of the Corporations Code or in the regulations of the Commissioner of Financial Protection and Innovation adopted thereunder.

(2)The execution and delivery of an agreement for the sale of securities to any person of the type described in paragraph (1), subject to all of the following:

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Legislative history

Amended by Stats. 2022, Ch. 452, Sec. 130. (SB 1498) Effective January 1, 2023.