CHAPTER 1. Exemptions and Certain Securities and Transactions Not Subject to Qualification
Heading of Chapter 1 amended by Stats. 1997, Ch. 391, Sec. 4.
§§ 25100–25105 · 11 sections
- § 25100 The following securities are exempted from Sections 25110, 25120, and 25130: (a) Any security (including a revenue obligation) issued or guaranteed by the…
- § 25100.1 The following securities are not subject to Sections 25110, 25120, and 25130: (a) A security defined as a “covered security” pursuant to Section 18(b)(1) of…
- § 25101 The following securities are exempt from the provisions of Section 25130: (a) Any security issued by a person that is the issuer of any security listed on a…
- § 25101.1 The following securities are not subject to Sections 25110, 25120, and 25130: (a) A security that is offered or sold in a transaction that is exempt from…
- § 25102 The following transactions are exempted from the provisions of Section 25110: (a) Any offer (but not a sale) not involving any public offering and the…
- § 25102.1 The following transactions are not subject to Sections 25110, 25120, and 25130: (a) Any offer or sale of a security to a “qualified purchaser” as that term is…
- § 25102.2 The commissioner shall require any issuer that is engaged in the business of purchasing, selling, financing, or brokering real estate, and that relies upon an…
- § 25102.5 There shall be exempted from Section 25110 a transaction that is the sale of a series of notes secured directly by an interest in the same real property, or…
- § 25103 The following transactions are exempted from the provisions of Section 25110 and Section 25120: (a) Any negotiations or agreements prior to general…
- § 25104 The following transactions are exempted from the provisions of Section 25130: (a) Any offer or sale of a security by the bona fide owner thereof for his or her…
- § 25105 There shall be exempted from the provisions of Section 25110, 25120 or 25130 any other transaction which the commissioner by rule exempts as not being…