Cal. Code Regs. tit. 10 § 260.105.16

Current through Register 2024 Notice Reg. No. 45, November 8, 2024

Section 260.105.16 - Checks, Drafts, and Money Orders

There is hereby exempted from the provisions of Section 25110 of the Code, as not being comprehended within the purposes of the Corporate Securities Law of 1968 and the qualification of which is not necessary or appropriate in the public interest or for the protection of investors, the offer and sale of checks, drafts, or money orders by a person holding an effective license from the Commissioner of Corporations to engage in the business of selling checks, drafts, or money orders, or an effective license from the Superintendent of Banks to transact the business permitted by Chapter 14 of the Banking Law (1750 et seq., Financial Code).

Cal. Code Regs. Tit. 10, § 260.105.16

1. New section filed 6-28-73; effective thirtieth day thereafter (Register 73, No. 26).
2. Editorial correction adding NOTE filed 3-9-83 (Register 83, No. 11).

Note: Authority cited: Sections 25105 and 25610, Corporations Code. Reference: Sections 25105 and 25110, Corporations Code.

1. New section filed 6-28-73; effective thirtieth day thereafter (Register 73, No. 26).
2. Editorial correction adding NOTE filed 3-9-83 (Register 83, No. 11).