{"code":"CORP","codeName":"Corporations Code","section":"25132","citation":"Corp. Code, § 25132","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"TITLE 4. SECURITIES [25000. - 31528.]","url":"https://blackletter.si/corporations-code/title-4"},{"name":"DIVISION 1. CORPORATE SECURITIES LAW OF 1968 [25000. - 25707.]","url":"https://blackletter.si/corporations-code/title-4/division-1"},{"name":"PART 2. QUALIFICATION OF AND FILING REQUIREMENTS FOR THE SALE OF SECURITIES [25100. - 25166.]","url":"https://blackletter.si/corporations-code/title-4/division-1/part-2"},{"name":"CHAPTER 4. Nonissuer Transactions [25130. - 25134.]","url":"https://blackletter.si/corporations-code/title-4/division-1/part-2/chapter-4"}],"history":"Added by Stats. 1968, Ch. 88.","effective":null,"html":"<p>Every qualification under this chapter and every qualification of a nonissuer transaction under Section <a href=\"/corp/25111\">25111</a> is effective for 12 months from its effective date, except during the time a stop order under Section <a href=\"/corp/25140\">25140</a> or an order under subdivision (a) of Section <a href=\"/corp/25143\">25143</a> is in effect. A qualification under this chapter may be withdrawn only in the discretion of the commissioner. The commissioner may by rule or order extend the effective period of any qualification under this chapter.</p>","text":"Every qualification under this chapter and every qualification of a nonissuer transaction under Section 25111 is effective for 12 months from its effective date, except during the time a stop order under Section 25140 or an order under subdivision (a) of Section 25143 is in effect. A qualification under this chapter may be withdrawn only in the discretion of the commissioner. The commissioner may by rule or order extend the effective period of any qualification under this chapter.","otherVersions":[],"url":"https://blackletter.si/corporations-code/nonissuer-transactions-25132","source":"California Legislative Information bulk export (pubinfo)"}