Cal. Corporations Code § 25401

California · California Corporations Code · Status: effective · Effective 2016-01-01

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Citation: Cal. Corporations Code § 25401, California, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/793350
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It is unlawful for any person to offer or sell a security in this state, or to buy or offer to buy a security in this state, by means of any written or oral communication that includes an untrue statement of a material fact or omits to state a material fact necessary to make the statements made, in the light of the circumstances under which the statements were made, not misleading.