Cal. Corporations Code § 25132
Cal. Corporations Code § 25132
California · California Corporations Code · Status: effective
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- Citation
- Cal. Corporations Code § 25132, California, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/793260
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Full text
Every qualification under this chapter and every qualification of a nonissuer transaction under Section 25111 is effective for 12 months from its effective date, except during the time a stop order under Section 25140 or an order under subdivision (a) of Section 25143 is in effect. A qualification under this chapter may be withdrawn only in the discretion of the commissioner. The commissioner may by rule or order extend the effective period of any qualification under this chapter.