“Underwriter” means a person who has agreed with an issuer or other person on whose behalf a distribution is to be made (a) to purchase securities for distribution or (b) to distribute securities for or on behalf of such issuer or other person or (c) to manage or supervise a distribution of securities for or on behalf of such issuer or other person.
Cal. Corp. Code § 25022
DEFINITIONS
Known as the Corporate Securities Law
The act spans §§ 25000–25707 (201 sections).
Added by Stats. 1968, Ch. 88.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.