{"code":"CORP","codeName":"Corporations Code","section":"25203","citation":"Corp. Code, § 25203","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 3. REGULATION AND NOTICE FILING REQUIREMENTS OF AGENTS, BROKER-DEALERS, INVESTMENT ADVISER REPRESENTATIVES, AND INVESTMENT ADVISERS [25200. - 25256.]","url":"https://blackletter.si/corporations-code/title-4/division-1/part-3"},{"name":"CHAPTER 1. Exemptions [25200. - 25209.]","url":"https://blackletter.si/corporations-code/title-4/division-1/part-3/chapter-1"}],"history":"Amended by Stats. 1997, Ch. 391, Sec. 19.   Effective January 1, 1998.","effective":"1998-01-01","html":"<p>A person whose only clients are insurance companies shall be exempted from the provisions of Section <a href=\"/corp/25230\">25230</a>.</p>","text":"A person whose only clients are insurance companies shall be exempted from the provisions of Section 25230.","otherVersions":[],"url":"https://blackletter.si/corporations-code/exemptions-25203","source":"California Legislative Information bulk export (pubinfo)"}