California Financial Code ARTICLE 5 - Securities Transactions

  • Section 18427.
    Unless the context otherwise requires, in this article:(a) “Offer” or “offer to sell” includes every attempt or offer to dispose of, or solicitation of an offer...
  • Section 18427.1.
    No industrial loan company organized under the laws of this state shall offer or sell any security issued by it unless the commissioner has issued...
  • Section 18427.2.
    An application for a permit shall be in such form and contain such information as the commissioner may prescribe.(Repealed and added by Stats. 1996, Ch....
  • Section 18427.3.
    The commissioner shall charge and collect fees for applications filed under this article as fixed in this section.(a) The fee for a negotiating permit shall be...
  • Section 18427.4.
    If the commissioner finds that the proposed sale of securities is fair, just, and equitable, he or she shall issue to the applicant a permit...
  • Section 18427.5.
    The commissioner may impose conditions in any permit issued under Section 18427.4, requiring the deposit in escrow of securities, imposing a legend condition restricting the...
  • Section 18427.6.
    Every permit issued pursuant to Section 18427.4 shall recite that it is permissive only and does not constitute a recommendation or endorsement of the securities...
  • Section 18427.7.
    The commissioner may amend, alter, suspend, or revoke any permit issued pursuant to Section 18427.4.(Added by Stats. 1996, Ch. 1064, Sec. 609. Effective January 1,...
  • Section 18427.8.
    Whenever an industrial loan company applies for a permit to issue any security or to deliver any other consideration (whether or not such security or...
  • Section 18427.9.
    There shall be exempted from the provisions of Section 18427.1 all of the following:(a) (1) Any offer, not involving a public offering, to an affiliate or to...
  • Section 18427.10.a.
    Nothing contained in this article shall affect the Corporate Securities Law of 1968, Division 1 (commencing with Section 25000) of Title 4 of the Corporations...
  • Section 18427.11.
    The commissioner may by regulation or order restrict, limit, prohibit or otherwise condition the uses of the proceeds from the sale of securities, the extent...

Last modified: October 22, 2018