Does maintaining a place of business in the state trigger a notice filing (regardless of number of clients)?
CAL. CORP. CODE § 25230.1 (a)(2017)
What is the maximum number of clients adviser can have in the state without triggering a notice filing?
CAL. CORP. CODE § 25230.1 (a) (2017)
What sorts of clients are not counted for purposes of determining whether to notice file?
Investment advisers, broker-dealers, banks, savings and loan associations, trust companies, insurance companies, investment companies registered under the Investment Company Act of 1940, pension and profit-sharing trusts (other than self-employed individual retirement plans), or other institutional investors or governmental agencies or instrumentalities designated by rule or order of the commissioner.
CAL. CORP. CODE § 25202(b)(2017)
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