Corporations Code section 28031

“Accredited investor” means a person who is defined in Section 2(a)(15) of the Securities Act of 1933, or any other person that the Securities and Exchange Commission may so designate by rule, regulation, or order, who, by purchasing the securities of a licensee, provides the investment funds with which the licensee will provide financial assistance to small business firms.

Source: Section 28031, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=CORP§ionNum=28031. (updated Jan. 1, 1999; accessed Jun. 9, 2025).

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Up to date

Verified:
Jun. 9, 2025

§ 28031’s source at ca.gov

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Location: https://california.public.law/codes/corporations_code_section_28031

Original Source: Section 28031, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=CORP§ionNum=28031. (last accessed May 12, 2025).