The provisions of Sections 10131 and 10131.2 relating to business opportunities do not apply to any person, partnership, corporation, or other legal entity which for another or others sells or offers to sell, solicits prospective sellers or purchasers of, solicits or obtains listings of, advertises for sale, buys or offers to buy, or negotiates the purchase, sale, or exchange of radio, television, or cable enterprises which are licensed and regulated by the Federal Communications Commission, or any successor agency, pursuant to the Communications Act of 1934, as amended and which purchase, sale, or exchange is not in substance a transfer of real property.
Cal. Bus. & Prof. Code § 10133.3
Scope of Regulation
Known as the Real Estate Law
The act spans §§ 10000–10580 (368 sections).
Applied in 1 court decision — leading case 863 F. Supp. 1109 - Independent Cellular Telephone, Inc. v. Daniels & Associates (1994)
Most recently applied in 863 F. Supp. 1109 - Independent Cellular Telephone, Inc. v. Daniels & Associates (August 1994)
Added by Stats. 1990, Ch. 729, Sec. 1.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.