A hearing pursuant to Sections 250.17-250.25 of these rules may be ordered by the Commissioner in unusual circumstances in connection with an application for a permit to sell securities in any recapitalization or reorganization, and such a hearing will be held upon the request of the applicant.

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

History

1. Amendment filed 3-20-78; effective thirtieth day thereafter (Register 78, No. 12).