You are here: California / Business and Professions Code - BPC / ARTICLE 6. Claim of Exemption From Securities Qualification [10237. - 10239.4.] / Section 10239.


Section 10239. (Added by Stats. 2003, Ch. 901, Sec. 2.)
Cite as: Cal. Bus. & Prof. Code §10239.

The jurisdiction of the Commissioner of Corporations under the Corporate Securities Law of 1968 shall be neither limited nor expanded by this article. Nothing in this article shall be construed to supersede or restrict the application of the Corporate Securities Law of 1968. A transaction under this article shall not be construed to be a transaction involving the issuance of securities subject to authorization by the Real Estate Commissioner under subdivision (e) of Section 25100 of the Corporations Code.

The provisions of this article shall apply to all real property securities dealers, or persons purporting to act as real property security dealers in this State, or in the process of organization with intent to do such business therein, or from whom the commissioner’s authority is required for the transaction of such business, or whose authority is revoked or suspended.



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