AB 856

  • California Assembly Bill
  • 2013-2014 Regular Session
  • Introduced in Assembly
  • Assembly
  • Senate
  • Governor

Securities: sale or issue: exemptions.

Abstract

Existing law makes it unlawful for any person to offer or sell in this state any security in an issuer transaction unless the sale has been qualified or unless the security or transaction is exempt from or not subject to qualification, as specified. Existing law provides an exemption for the sale or issue of specified voting common stock or preferred stock to a qualified purchaser with a net worth in excess of specified limits. This bill would add nonpreferred voting securities, as defined, to the list of securities exempt from qualification requirements under these provisions and would make other conforming changes.

Bill Sponsors (1)

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Actions


Feb 03, 2014

Assembly

From committee: Filed with the Chief Clerk pursuant to Joint Rule 56.

Jan 31, 2014

Assembly

Died pursuant to Art. IV, Sec. 10(c) of the Constitution.

Apr 29, 2013

Assembly

In committee: Set, first hearing. Hearing canceled at the request of author.

Mar 19, 2013

Assembly

Re-referred to Com. on B. & F.

  • Referral-Committee
Com. on B. & F.

Mar 18, 2013

Assembly

From committee chair, with author's amendments: Amend, and re-refer to Com. on B. & F. Read second time and amended.

Mar 04, 2013

Assembly

Referred to Com. on B. & F.

  • Referral-Committee
Com. on B. & F.

Feb 22, 2013

Assembly

From printer. May be heard in committee March 24.

Feb 21, 2013

Assembly

Read first time. To print.

Bill Text

Bill Text Versions Format
AB856 HTML
02/21/13 - Introduced PDF
03/18/13 - Amended Assembly PDF

Related Documents

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