Corporations Code section 25132

Every qualification under this chapter and every qualification of a nonissuer transaction under Section 25111 is effective for 12 months from its effective date, except during the time a stop order under Section 25140 or an order under subdivision (a) of Section 25143 is in effect. A qualification under this chapter may be withdrawn only in the discretion of the commissioner. The commissioner may by rule or order extend the effective period of any qualification under this chapter.

Source: Section 25132, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=CORP§ionNum=25132. (updated Jan. 1, 1968; accessed Sep. 1, 2025).

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Sep. 1, 2025

§ 25132's source at ca.gov

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Location: https://california.public.law/codes/corporations_code_section_25132

Original Source: Section 25132, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=CORP§ionNum=25132. (last accessed May 12, 2025).