The provisions of this subarticle are adopted pursuant to the Commissioner's authority under Sections 25140, 25300 and 25610 of the Code and to implement, interpret and make specific Section 25504.2 of the Code.

Note: Authority cited: Section 25610, Corporations Code. Reference: Sections 25140, 25300 and 25504.2, Corporations Code.

History

1. Redesignation of Sections 260.507-260.617, not consecutive, from Article 13 to Subarticle 2 of Article 13 filed 1-10-79; effective thirtieth day thereafter (Register 79, No. 2).

2. New Subarticle 1 (Sections 260.504.2-260.504.2.4) filed 1-10-79; effective thirtieth day thereafter (Register 79, No. 2).