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type, title, description, jurisdiction, legislature, session, identifier, citation, classification, subjects, status, primary_sponsors, version_count, action_count, vote_count, first_action, last_action, source, source_identifier, source_url, source_hash, vintage, source_snapshot, retrieved_at, confidence, tags
type title description jurisdiction legislature session identifier citation classification subjects status primary_sponsors version_count action_count vote_count first_action last_action source source_identifier source_url source_hash vintage source_snapshot retrieved_at confidence tags
Bill The Corporate Securities Law of 1968. (1) The Corporate Securities Law of 1968 provides for the regulation of the issuance of corporate securities. The law requires an offer or sale of a security that is exempt from registration under the federal Securities Act of 1933 to meet specified requirements, including filing a notice with the Commissioner of Corporations. Commencing on July 1, 2013, various duties of the Commission of Corporations under this law are transferred to the Commissioner of Business Oversight. us/states/ca California Legislature 20132014 SB 538 California SB 538 (20132014)
bill
The Corporate Securities Law of 1968.
enacted
Hill
5 22 6 2013-02-22 2013-09-23 openstates ocd-bill/0951e781-68bd-4e98-bb33-f1f030e78ee6 http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=201320140SB538 8f8e76d30f7b767cdf79ace5d5b6c07652497616f346c1e2b926f35273fa9256 2026-07-01 https://data.openstates.org/daily/2026-07-01/public.pgdump 2026-07-06 reported
legislation
bill
us-ca

California SB 538 (20132014) — The Corporate Securities Law of 1968.

(1) The Corporate Securities Law of 1968 provides for the regulation of the issuance of corporate securities. The law requires an offer or sale of a security that is exempt from registration under the federal Securities Act of 1933 to meet specified requirements, including filing a notice with the Commissioner of Corporations. Commencing on July 1, 2013, various duties of the Commission of Corporations under this law are transferred to the Commissioner of Business Oversight.

Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

  1. 02/22/13 - Introduced (filed) — source
  2. 04/01/13 - Amended Senate (committee substitute) — source
  3. 09/23/13 - Chaptered (committee substitute) — source
  4. SB538 (committee substitute) — source
  5. 09/06/13 - Enrolled (enrolled) — source

Votes

  • Do pass. — 51 (pass) · upper
  • SB 538 Hill Senate Third Reading By CHAU — 681 (pass) · lower
  • Do pass and be re-referred to the Committee on Appropriations. — 91 (pass) · lower
  • Do pass. — 130 (pass) · lower
  • 3rd Reading — 276 (pass) · upper
  • Do pass, but re-refer to the Committee on Appropriations. — 80 (pass) · upper

Sponsors

  • Hill — primary (person)

Timeline

The legislative action history — every referral, reading, and vote.

  • 2013-02-22 Introduced. To Com. on RLS. for assignment. To print. introduction
  • 2013-02-23 From printer. May be acted upon on or after March 25.
  • 2013-02-25 Read first time. reading-1
  • 2013-03-11 Referred to Com. on B. & F.I. referral-committee
  • 2013-03-12 Set for hearing April 3.
  • 2013-04-01 From committee with author's amendments. Read second time and amended. Re-referred to Com. on B. & F.I. committee-passage, amendment-passage, reading-2, reading-1, referral-committee
  • 2013-04-03 From committee: Do pass and re-refer to Com. on APPR. (Ayes 8. Noes 0. Page 404.) (April 3). Re-referred to Com. on APPR. committee-passage-favorable, referral-committee, committee-passage
  • 2013-04-05 Set for hearing April 15.
  • 2013-04-15 From committee: Do pass. (Ayes 5. Noes 1. Page 534.) (April 15). committee-passage-favorable, committee-passage
  • 2013-04-16 Read second time. Ordered to third reading. reading-2, reading-1
  • 2013-04-25 Read third time. Passed. (Ayes 27. Noes 6. Page 674.) Ordered to the Assembly. reading-3, reading-1, passage
  • 2013-04-25 In Assembly. Read first time. Held at Desk. reading-1
  • 2013-06-03 Referred to Com. on B. & F. referral-committee
  • 2013-06-11 From committee: Do pass and re-refer to Com. on APPR. (Ayes 9. Noes 1.) (June 10). Re-referred to Com. on APPR. committee-passage-favorable, referral-committee, committee-passage
  • 2013-07-03 Set, first hearing. Referred to APPR. suspense file. referral-committee
  • 2013-08-30 From committee: Do pass. (Ayes 13. Noes 0.) (August 30). committee-passage-favorable, committee-passage
  • 2013-09-03 Read second time. Ordered to third reading. reading-2, reading-1
  • 2013-09-04 Read third time. Passed. (Ayes 68. Noes 1. Page 2877.) Ordered to the Senate. reading-3, reading-1, passage
  • 2013-09-05 In Senate. Ordered to engrossing and enrolling.
  • 2013-09-10 Enrolled and presented to the Governor at 4 p.m.
  • 2013-09-23 Approved by the Governor. executive-signature
  • 2013-09-23 Chaptered by Secretary of State. Chapter 335, Statutes of 2013.

Source

OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/0951e781-68bd-4e98-bb33-f1f030e78ee6. Confidence: reported (aggregated from official California legislature records).