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


Section 10239.4. (Added by Stats. 2003, Ch. 901, Sec. 2.)
Cite as: Cal. Bus. & Prof. Code §10239.4.

Whenever the commissioner makes any seizure as provided in Section 10239.3, it shall, on the demand of the commissioner, be the duty of the sheriff of any county of this State, and of the police department of any municipal corporation therein, to furnish him with such deputies, patrolmen or officers as may be necessary to assist the commissioner in making and enforcing any such seizure.

This article applies only to the exemption from securities qualification claimed under Section 25102.5 of the Corporations Code. This article does not apply to any other exemption from securities qualification, including subdivision (e) of Section 25102 of the Corporations Code, which may be claimed without complying with this article, or to any permit to qualify the offer and sale of securities under the Corporate Securities Law of 1968. A real estate broker, when engaging in acts for which a license is required, who arranges a transaction pursuant to this article or pursuant to an offering subject to the Corporations Code, shall clearly indicate in the broker’s transaction file the provision of the Corporate Securities Law of 1968 pertaining to qualification or exemption from qualification under which the transaction is being conducted, and shall retain this information for the period specified in subdivision (a) of Section 10148.



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