§ 260.234. Compensation Based on Capital Gains.
10 CA ADC § 260.234Barclays Official California Code of Regulations
10 CCR § 260.234
§ 260.234. Compensation Based on Capital Gains.
The provisions of Section 25234 (a)(1) of the Code shall not apply:
(c) to an investment advisory contract with an institutional investor as defined in subdivision (i) of Section 25102 of the Code or in Section 260.102.10 or Section 260.105.14 of these Rules, excluding for the purposes of this section any pension or profit sharing plan with gross assets of less than $100,000,000 according to its most recent audited financial statement; or
Credits
Note: Authority cited: Sections 25234(a) and 25610, Corporations Code. Reference: Section 25234, Corporations Code.
History
1. Amendment of form filed 5-14-69; effective thirtieth day thereafter (Register 69, No. 20).
2. Amendment filed 7-13-70; effective thirtieth day thereafter (Register 70, No. 29).
3. Editorial correction filed 11-9-82 (Register 82, No. 46).
4. Amendment filed 1-7-88; operative 2-6-88 (Register 88, No.4).
5. Amendment of subsection (a), new subsections (b)-(b)(3) and subsection relettering filed 1-23-2001; operative 1-23-2001 pursuant to Government Code section 11343.4(c) (Register 2001, No. 4).
This database is current through 5/3/24 Register 2024, No. 18.
Cal. Admin. Code tit. 10, § 260.234, 10 CA ADC § 260.234
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