Section 2682.10 - Exemptions for Small Transactions(a) Any acquisition of securities shall be exempt from Section 1104.3 where (1) The person effecting the acquisition does not within six months thereafter effect any disposition, otherwise than by way of gift, of securities of the same class, and(2) The person effecting such acquisition does not participate in acquisitions or in dispositions of securities of the same class having a total market value in excess of $3,000 for any six months' period during which the acquisition occurs.(b) any acquisition or disposition of securities by way of gift, where the total amount of such gifts does not exceed $3,000 in market value for any six months' period, shall be exempt from Section 1104.3 and may be excluded from the computations prescribed in paragraph (a) (2).(c) Any person exempted by paragraph (a) or (b) of this section shall include in the first report otherwise required by Section 1104.2 to be filed by that person on the form of statement prescribed by Section 2682.3 hereof, which report is filed after a transaction within the exemption, a statement showing that person's acquisitions and dispositions for each six month period or portion thereof which has elapsed since that person's last filing.Cal. Code Regs. Tit. 10, § 2682.10
1. Change without regulatory effect amending subsection (c) filed 7-14-2021 pursuant to section 100, title 1, California Code of Regulations (Register 2021, No. 29). Filing deadline specified in Government Code section 11349.3(a) extended 60 calendar days pursuant to Executive Order N-40-20.1. Change without regulatory effect amending subsection (c) filed 7-14-2021 pursuant to section 100, title 1, California Code of Regulations (Register 2021, No. 29). Filing deadline specified in Government Code section 11349.3(a) extended 60 calendar days pursuant to Executive Order N-40-20.