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.
Cal. Corp. Code § 25145
Authority of the Commissioner
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.