Section 10.6 - Counting Number of PersonsIn determining for purposes of this Subchapter the number of persons to whom an offer or sale of securities is made or by whom securities are held, the following shall be counted as one person:
(a) A person, his spouse, and any relative of such person or of such spouse who has the same home as such person.(b) A person and any trust or estate in which such person or any of the persons related to such person as specified in Subdivision (a) or (c) of this Section collectively have the entire beneficial interest (excluding contingent interests).(c) A person and any corporation or other organization of which such person or any of the persons related to such person as specified in Subdivision (a) or (b) of this Section collectively are the beneficial owners of all the equity securities (excluding directors' qualifying shares) or equity interest.(d) A corporation or other organization, except that, if such corporation or other organization was formed for the specific purpose of such offer or sale, each beneficial owner of the equity securities of, or an equity interest in, such corporation or other organization shall be counted as one person.Cal. Code Regs. Tit. 10, § 10.6