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Cal. Corp. Code § 25147

Authority of the Commissioner

Known as the Corporate Securities Law

The act spans §§ 25000–25707 (201 sections).

Added by Stats. 1968, Ch. 88.

The commissioner may by rule or order require as a condition of qualification that any security qualified under Section 25113 be sold only on a specified form of subscription or sale contract, and that a signed or conformed copy of each contract be preserved for any period up to three years specified in the rule or order.

Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.