The method for allocating the acquisition of properties among two or more programs of the same sponsor seeking to acquire similar types of properties shall be reasonable. The method shall be described in the prospectus.

Note: Authority cited: Section 25610, Corporations Code. Reference: Section 25140, Corporations Code.

History

1. Repealer and new section filed 1-27-84; effective thirtieth day thereafter (Register 84, No. 4).

2. Amendment filed 5-18-92; operative 6-17-92 (Register 92, No. 22).