Cal. Code Regs. tit. 10 § 260.102.17

Current through Register 2024 Notice Reg. No. 44, November 1, 2024

Section 260.102.17 - Disclosure Statement Requirement for Section 25102(n)/Rule 504 Offerings

The written offering disclosure statement required to be received by each natural person (including a corporation, partnership, or other organization specifically formed by natural persons for the purpose of acquiring the securities offered by the issuer) under paragraph (4) of subdivision (n) of Section 25102 of the Code in an offering of securities exempt from federal registration under the Securities Act of 1933 by virtue of Rule 504 of Regulation D promulgated by the Securities and Exchange Commission shall be the information specified in paragraph (b)(2) of Rule 502 of Regulation D [Reg. Sec. 230.502(b)(2)] . For the purposes of the written offering disclosure statement required by paragraph (4) of subdivision (n) of Section 25102 of the Code, the references to a transaction under Rule 505 or 506 in paragraph (b)(2) of Rule 502 shall include a transaction under Rule 504.

Cal. Code Regs. Tit. 10, § 260.102.17

1. New section filed 2-22-96; operative 2-22-96 pursuant to Government Code section 11343(d) (Register 96, No. 8).

Note: Authority cited: Sections 25102(n)(4) and 25610, Corporations Code. Reference 25102(n), Corporations Code.

1. New section filed 2-22-96; operative 2-22-96 pursuant to Government Code section 11343(d) (Register 96, No. 8).