Section 25130.

Cal. Corporations Code - CORP § 25130.
in effect
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It is unlawful for any person to offer or sell any security in this state in any nonissuer transaction unless it is qualified for such sale under this chapter or under Section 25111 or 25113 of Chapter 2 (commencing with Section 25110) of this part (and no order under Section 25140 or subdivision (a) of Section 25143 is in effect with respect to such qualification) or unless such security or transaction is exempted or not subject to qualification under Chapter 1 (commencing with Section 25100) of this part.

References

referencesCal. Corporations Code - CORP § 25111.
referencesCal. Corporations Code - CORP § 25113.
referencesCal. Corporations Code - CORP § 25110.
referencesCal. Corporations Code - CORP § 25140.
referencesCal. Corporations Code - CORP § 25143.
referencesCal. Corporations Code - CORP § 25100.
Source: CA Legislative Counsel Bulk DataURL: https://downloads.leginfo.legislature.ca.gov/pubinfo_2025.zipFetched: 6/27/2026

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