1. (a) there is no duplication of selling commissions, selling expenses, offering costs, and sponsor's compensation or other fees and costs and
2. (b) in the case of investments in other limited partnerships, such other limited partnerships shall provide for their limited partners all of the rights and obligations required by these rules to be provided by the original program.

Investments in units of another limited partnership, in general partnerships or joint ventures shall be prohibited unless

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

History

1. Editorial correction adding Note filed 11-8-82 (Register 82, No. 46).