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The obtaining of local agency consent to an offer or sale of a security under Section 5951 shall not obviate the necessity of qualification of the offer or sale of such security under Division 1 (commencing with Section 25000) of Title 4 of the Corporations Code, unless the security or transaction is exempt from qualification under such law.
Cite this article: FindLaw.com - California Code, Government Code - GOV § 5955 - last updated January 01, 2019 | https://codes.findlaw.com/ca/government-code/gov-sect-5955.html
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