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CALIFORNIA CORPORATE & SECURITIES LAW

California’s Corporations Code And Securities Rules Are Rife With Errors

Spring is the traditional season for cleaning and California’s Corporations Code and securities rules are desperately in need of some tidying up.  In a very quick and incomplete review of the Code and the Commissioner’s rules, I found the following: California Corporations Code Sections 5260, 9260 and 23000 refer to the “Internal Revenue Code of 1954”…

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