CHAPTER 6. Securities [1200. - 1212.]
Chapter 6 added by Stats. 2011, Ch. 243, Sec. 3.
§§ 1200–1212 · 13 sections
- § 1200 Unless the context otherwise requires, in this chapter: (a) “Offer” or “offer to sell” includes every attempt or offer to dispose of, or solicitation of an…
- § 1201 No bank organized under the laws of this state shall offer or sell any security issued by it unless the commissioner has issued a permit authorizing such sale.
- § 1202 The following transactions are exempt from Section 1201: (a) (1) Any offer (but not a sale) not involving a public offering by a bank organized under the laws…
- § 1203 An application for a permit shall be in such form and contain such information as the commissioner may prescribe.
- § 1204 The commissioner shall charge and collect fees for applications filed under this chapter as fixed in this section. (a) The fee for a negotiating permit shall…
- § 1205 If the commissioner finds that the proposed sale of securities is fair, just, and equitable, he or she shall issue to the applicant a permit authorizing it to…
- § 1206 The commissioner may impose conditions in any permit issued under Section 1205, requiring the deposit in escrow of securities, imposing a legend condition…
- § 1207 Every permit issued pursuant to Section 1205 shall recite that it is permissive only and does not constitute a recommendation or endorsement of the securities…
- § 1208 The commissioner may amend, alter, suspend, or revoke any permit issued pursuant to Section 1205.
- § 1209 Whenever a bank applies for a permit to issue any security or to deliver any other consideration (whether or not such security or such transaction is exempt…
- § 1210 There shall be exempted from the provisions of Section 1201 any transaction or security, including, without limitation, any type or class of transactions or…
- § 1211 A bank at any time may, with the approval of its board, issue, sell or hypothecate its capital notes or debentures which may be payable upon such terms and may…
- § 1212 Nothing contained in this chapter shall affect the Corporate Securities Law of 1968, Division 1 (commencing with Section 25000) of Title 4 of the Corporations…