Corp. Code, § 25011 · Part 1. DEFINITIONS
Corp. Code, § 25011
Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
“Nonissuer transaction” means any transaction not directly or indirectly for the benefit of the issuer. A transaction is indirectly for the benefit of the issuer if any portion of the purchase price of any securities involved in the transaction will be received indirectly by the issuer. An offering which involves both an issuer transaction and a nonissuer transaction shall be treated for the purposes of Chapters 2 (commencing with Section 25110) and 4 (commencing with Section 25130) of Part 2 of this division as an issuer transaction, but for the purposes of Chapter 1 (commencing with Section 25100) of Part 2 of this division they shall be treated as separate transactions.
Notes and commentary — not statutory text
History
Repealed and added by Stats. 1968, Ch. 88.
Source of truth
- Edition
- As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
- Official file
- https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=CORP§ionNum=25011.
- Text hash
- sha256 90958da2cc0c9eef82639d0b33608a3afdfaf994e383737b015422460f524057
- Composed by
- compose_ca.py 2026-10-22: the Legislative Counsel's CAML content files read by a tokenizer (caml_readers.reader_a); an independent xml.etree reading (caml_readers.reader_b) agrees on every section
This section cites
Provisions in this library that the text above cites, as it prints each citation. A range cited as “ss. 61.13-61.16” links its first and last provisions.
Corporations Code
- Corp. Code, tit. 4, div. 1, pt. 2, ch. 1Exemptions and Certain Securities and Transactions Not Subject to QualificationPrinted as Chapter 1 (commencing with Section 25100) of Part 2 of this division
- Corp. Code, tit. 4, div. 1, pt. 2, ch. 2Issuer TransactionsPrinted as Chapters 2 (commencing with Section 25110) and 4 (commencing with Section 25130) of Part 2 of this division
- Corp. Code, tit. 4, div. 1, pt. 2, ch. 4Nonissuer TransactionsPrinted as Chapters 2 (commencing with Section 25110) and 4 (commencing with Section 25130) of Part 2 of this division
Cited by 2 provisions
Provisions in this library whose text cites Corp. Code, § 25011. Each shows the citation as that text prints it.
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