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Corp. Code, § 25105 · Chapter 1. Exemptions and Certain Securities and Transactions Not Subject to Qualification

Corp. Code, § 25105

Verbatim from the official edition

Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)

There shall be exempted from the provisions of Section 25110, 25120 or 25130 any other transaction which the commissioner by rule exempts as not being comprehended within the purposes of this law and the qualification of which he finds is not necessary or appropriate in the public interest or for the protection of investors.

Notes and commentary — not statutory text

History

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&sectionNum=25105.
Text hash
sha256 f594f82519ed37294367c1c6a3cb13ed15e8bb0203087bbb68e09b0ae4f71aff
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

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