Exemptions from the Securities Qualification Requirements under California Law


This practice note provides an overview of transactional exemptions from the qualification requirements that apply to offers and sales of securities in California. Specifically, this practice note discusses the (1) limited offering exemption, (2) small offering exemption, (3) qualified purchaser exemption, (4) exemption for purchase or option plans and agreements, and (5) the recently adopted crowdfunding exemption.