Cal. Code Regs. Tit. 10, § 260.140.135 - General Standard

Current through Register 2021 Notice, Register No. 40, October 1, 2021

Except as otherwise provided in this subarticle, a security will not be qualified for nonissuer transactions pursuant to Section25130 of the Code unless it appears (i) that full, complete and accurate information is provided upon all matters required to be stated in the application, (ii) that all information contained therein whether required or not, is accurate and not misleading, and (iii) that there is no factor indicating that the market in the security will be subject to manipulation or other artificial influences. The failure of an issuer to make available to the public on a timely basis adequate and accurate information regarding developments materially affecting its affairs or securities normally will be deemed a factor indicating that the market in the security will be subject to artificial influence.


Cal. Code Regs. Tit. 10, § 260.140.135

Note: Authority cited: Sections 25241 and 25610, Corporations Code. Reference: Div. 1, Title 4, Sections 25140- 25142,25241 and 25534, Corporations Code.

1. New Subarticle 12 (Secs. 260.140.130 through 260.140.134) filed 5-10-73; effective thirtieth day thereafter (Register 73, No. 19).
2. Renumbering of Sections 260.140.130-260.140.134 to 260.140.135-260.140.139 filed 12-6-74; effective thirtieth day thereafter (Register 74, No. 49).

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