California · Financial Code

FIN §1636: Notwithstanding any of the provisions of this article, no stocks, bonds, or other securities which, at the time of sale pursuant to Section 1635, are listed on any established stock exchange in the Un

What this law says, in plain English

This statute provides an exception regarding stocks, bonds, or other securities that are listed on an established stock exchange at the time of sale under Section 1635.

Read the full statutory text

Notwithstanding any of the provisions of this article, no stocks, bonds, or other securities which, at the time of sale pursuant to Section 1635, are listed on any established stock exchange in the United States may be sold at public sale but may be sold at any time thereafter through an established stock exchange.

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