Nothing in this article prohibits the payment of fees for contractual services provided to an investment manager by a placement agent, as defined in Section 82047.3, who is registered with the Securities and Exchange Commission and regulated by the Financial Industry Regulatory Authority, except as provided in subdivision (f) of Section 86205.
Cal. Gov. Code § 86206
Prohibitions
Known as the Political Reform Act
The act spans §§ 81000–91014 (404 sections).
Added by Stats. 2010, Ch. 668, Sec. 8
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.