TITLE 4. SECURITIES 25000-31516›DIVISION 1. CORPORATE SECURITIES LAW OF 1968 25000-25707›PART 2. QUALIFICATION OF AND FILING REQUIREMENTS FOR THE SALE OF SECURITIES 25100-25166›CHAPTER 5. Authority of the Commissioner 25140-25151
§ 25147
California Corporations Code · 2018-11 edition · updated 2026-10-04 · California
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.
(Added by Stats. 1968, Ch. 88.)
Get a plain-English answer with a citation back to this text.
Ask AI about this code