§ 31100 Commissioner Exemption Authority

Corporations Code·California

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Key Takeaways

•Some deals don't have to follow the usual rules if the boss (commissioner) says it's okay.
•The boss can say 'no rules needed' if the deal is safe and doesn't hurt people or their money.
•This is only for special cases where the rules don't make sense.

Example

A small group of friends wants to invest money together to start a lemonade stand.

The boss might say they don't need to follow all the big rules because it's just a small, safe deal between friends.

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

Official Source

View on CA.gov

§ 31100 Commissioner Exemption Authority

There shall be exempted from any or all of the provisions of Chapter 2 (commencing with Section 31110) any other transaction which the commissioner by rule exempts as not being comprehended within the purposes of this law and the registration of which the commissioner finds is not necessary or appropriate in the public interest or for the protection of investors. (Amended by Stats. 1989, Ch. 1026, Sec. 1.)

Last verified: January 23, 2026

Key Terms

exempted commissioner public interest protection of investors

References

Official text at leginfo.legislature.ca.gov
California Legislature. Corporations Code. Section 31100.

Key Takeaways

Example

Key Terms

Related Statutes

References

Key Takeaways

Example

Key Terms

Related Statutes

References