BlackletterCalifornia law

Corporations Code § 25145

CHAPTER 5. Authority of the Commissioner

Current as of September 28, 2026Corp. Code, § 25145Official source ↗

Added by Stats. 1968, Ch. 88.

Every issuer qualifying securities for sale in this state shall at all times keep and maintain a complete set of books, records, and accounts of such sales and the disposition of the proceeds thereof, and shall thereafter, at such times as are required by the commissioner, make and file in the office of the commissioner a report, setting forth the securities sold by it under such qualification, the proceeds derived therefrom and the disposition thereof.