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HomeCorporations CodeCh. 1§ 116 Exemption Availability Clarification

§ 116 Exemption Availability Clarification

Corporations Code·California
AI Summary·Official Text·Key Terms·Related Statutes·References
AI SummaryVerified

§ 116 Exemption Availability Clarification

This law says that nothing in this section changes the rules in another part of the law (Section 25102(h)) about who can get an exemption.

Key Takeaways

  • •This law protects the rules in Section 25102(h).
  • •It means exemptions (special breaks) still work the same way.
  • •Other laws can't change these specific rules.

Example

If someone wants to avoid certain rules because of a special case (like a small business getting a break on taxes).

This law makes sure that the special rules in Section 25102(h) still apply, even if other laws change.

AI-generated — May contain errors. Not legal advice. Always verify source.

Official Source
View on CA.gov

§ 116 Exemption Availability Clarification

Nothing contained in this division modifies the provisions of subdivision (h) of Section 25102 or the conditions provided therein to the availability of an exemption under that subdivision. (Repealed and added by Stats. 1975, Ch. 682.)

Last verified: January 10, 2026

Key Terms

subdivision (h)Section 25102exemption

Related Statutes

  • § 2502.07 Exemption Conditions Preservation
  • § 25102.2 Real Estate Securities Disclosure
  • § 31106 Franchise Transfer Experience Exemption
  • § 31109.1 Negotiated Franchise Sale Exemption
  • § 101 Statutory Construction Rules

References

  • Official text at leginfo.legislature.ca.gov
  • California Legislature. Corporations Code. Section 116.
View Official Source