{"code":"BPC","codeName":"Business and Professions Code","section":"10239.1","citation":"Bus. & Prof. Code, § 10239.1","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 4. REAL ESTATE [10000. - 11506.]","url":"https://blackletter.si/business-and-professions-code/division-4"},{"name":"PART 1. LICENSING OF PERSONS [10000. - 10580.]","url":"https://blackletter.si/business-and-professions-code/division-4/part-1"},{"name":"CHAPTER 3. Real Estate Regulations [10130. - 10249.93.]","url":"https://blackletter.si/business-and-professions-code/division-4/part-1/chapter-3"},{"name":"ARTICLE 6. Claim of Exemption From Securities Qualification [10237. - 10239.3.]","url":"https://blackletter.si/business-and-professions-code/division-4/part-1/chapter-3/article-6"}],"history":"Added by Stats. 2003, Ch. 901, Sec. 2.   Effective January 1, 2004.","effective":"2004-01-01","html":"<p>Nothing in this article shall be construed to change the agency relationships between the parties where they exist or limit in any manner the fiduciary duty of brokers to borrowers, lenders, and purchasers of notes or interests in transactions subject to this article.</p>","text":"Nothing in this article shall be construed to change the agency relationships between the parties where they exist or limit in any manner the fiduciary duty of brokers to borrowers, lenders, and purchasers of notes or interests in transactions subject to this article.","otherVersions":[],"url":"https://blackletter.si/business-and-professions-code/claim-of-exemption-from-securities-qualification-10239-1","source":"California Legislative Information bulk export (pubinfo)"}