Cal. Codes » Corporations Code / TITLE 4. SECURITIES / DIVISION 1. CORPORATE SECURITIES LAW OF 1968 / PART 1. DEFINITIONS
California Codes

Cal. Corporations Code § 25002 (2026)

Definitions — Corporate Securities Law Of 1968

✓ current as of May 2026
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“Advertisement” means any written or printed communication or any communication by means of recorded telephone messages or spoken on radio, television, or similar communications media, published in connection with the offer or sale of a security.

Notes of Decisions
Cited in 2 cases (1 in the last 5 years), 2008–2022 · leading case: Cheng Hsu v. PBIG Mgmt. Co., 291 F. App'x 809 (9th Cir. 2008).
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Cheng Hsu v. PBIG Mgmt. Co., 291 F. App'x 809 (9th Cir. 2008). · cites it 2× “” See Cal. Corp.Code § 25002 (“ ‘Advertisement’ means any written or printed communication or any communication by means of recorded telephone messages or spoken on radio, television, or similar communications media, published in connection with the offer or sale of a security.”
Fuller v. Bae (Bankr. N.D. Cal. 2022). “” Cal. Corp. Code § 25002 . Bae testified that he solicited investors by 12 discussing INB with friends, RB Technology customers and vendors, and other individuals 13 associated with these friends, customers, and vendors.”
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