§ 11544
43 words·~1 min read·
/ca/insurance-code/11544A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The offer or sale of securities issued pursuant to the plan of conversion developed and approved in accordance with the provisions of this chapter, shall be exempt from Article 8 (commencing with Section 820) of Chapter 1 of Part 2 of Division 1.