California Law (Last Updated: March 4, 2014) |
Corporations Code - CORP |
Title 4. SECURITIES |
Division 1. CORPORATE SECURITIES LAW OF 1968 |
Part 2. QUALIFICATION OF AND FILING REQUIREMENTS FOR THE SALE OF SECURITIES |
Chapter 4. Nonissuer Transactions |
Section 25133.
Latest version.
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It is unlawful for any person without the written consent of the commissioner to consummate the sale or transfer of any securities heretofore or hereafter placed in escrow pursuant to a condition ordered by the commissioner and that have not been released from escrow, or that are subject to a currently effective legend condition requiring such consent (except as permitted therein), or concerning which the commissioner has issued a written notice to the holders thereof pursuant to Section 25534 ordering the certificates evidencing the securities to be stamped or printed with a legend as provided in the section.
(Amended by Stats. 1996, Ch. 41, Sec. 5. Effective May 6, 1996.)