This law says that if a person acts in good faith following official rules or opinions from a commissioner or the Attorney General, they won't be held liable—even if those rules or opinions change later or are found invalid.

This law gives the commissioner the authority to create, change, or remove rules, forms, and orders needed to enforce the law effectively. The commissioner can also define terms related to the law and create different rules for different groups of people under their jurisdiction. Furthermore, the commissioner is allowed to waive certain rules if they aren't considered necessary for the public interest. Additionally, the commissioner can exempt certain people or transactions from the law if it's determined that regulating them isn't needed and it's in the public interest.

This law allows the commissioner to provide explanations or clarifications when people ask for opinions on how certain rules or regulations should be understood or applied.

If someone wants to claim an exemption or exception from a definition under this law, they have to prove that it applies to them. Basically, it's their responsibility to show they qualify for the exemption or exception.

In California, if you're not happy with a final decision or action made by the commissioner, you can have it reviewed by a court.

This section ensures that nothing in the current law weakens or changes the powers of the commissioner that are already established under the Corporate Securities Law of 1968. It means the commissioner's authority remains intact and unaffected for any person or transaction under that law.

This section of the law states that if any part of it is found to be invalid or not applicable to a person or situation, the rest of the law still holds. Essentially, the valid parts are separate and can still be enforced even if one part is removed or invalidated.

This law states that the commissioner and their employees are not allowed to use non-public information they access for personal profit. Moreover, even if the information becomes public, they cannot trade securities based on it until enough time has passed for the markets to adjust to this new information.

This law explains that a specific program will be funded by money that the California Legislature allocates from the State Corporations Fund. This funding will come from various fees and penalties, including those collected from filings and applications related to securities.