§ 25145
75 words·~1 min read·
/ca/corporations-code/25145A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Every issuer qualifying securities for sale in this state shall at all times keep and maintain a complete set of books, records, and accounts of such sales and the disposition of the proceeds thereof, and shall thereafter, at such times as are required by the commissioner, make and file in the office of the commissioner a report, setting forth the securities sold by it under such qualification, the proceeds derived therefrom and the disposition thereof.