A document is filed when it is received by the commissioner; but no qualification of the sale of securities shall become effective until the appropriate fee has been paid.
Cal. Corp. Code § 25615
ADMINISTRATION
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.