California · Corporations Code

CORP §31100: There shall be exempted from any or all of the provisions of Chapter 2 (commencing with Section 31110) any other transaction which the commissioner by rule exempts as not being comprehended within the

What this law says, in plain English

The commissioner may create rules exempting certain transactions from Chapter 2 requirements if deemed not covered by that chapter's scope.

Read the full statutory text

There shall be exempted from any or all of the provisions of Chapter 2 (commencing with Section 31110) any other transaction which the commissioner by rule exempts as not being comprehended within the purposes of this law and the registration of which the commissioner finds is not necessary or appropriate in the public interest or for the protection of investors.

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