Section 260.504.2.1 - DefinitionsFor the purposes of Section 25504.2 of the Code and this subarticle, the following definitions apply:
(a) "Expert" means any accountant, engineer, appraiser or other person whose profession gives authority to a statement by such person, including without limitation an actuary, assessor, attorney, financial analyst, geologist, investment adviser, mineralogist, petrologist or tax consultant, and any firm or other organization or association engaged in the practice of any such profession.(b) "Expertized material" means any statement, report, valuation, opinion or other material, or any summary of or quotation from any of the foregoing, that is represented to have been prepared or certified by an expert acting as such, and any statement, report, valuation, opinion which is stated to be made on the authority of the expert.(c) "Prospectus or offering circular" means any written or printed prospectus, offering circular, proxy statement, notice, advertisement, letter, financial statement, report or communication (including any exhibits or attachments incorporated therein) and any communication by radio, television, movie, magnetic recording or similar medium of communication issued, circulated or distributed, in connection with the offer or sale of a security.(d) "Written consent" means a written consent to the inclusion in or reference to expertized material in a prospectus or offering circular and to the inclusion of the name of the expert in the prospectus or offering circular required by and filed pursuant to Section 260.504.2.2, whether or not the expert giving such consent knew that it was so required to be filed and would be filed in accordance with Section 260.504.2.2.Cal. Code Regs. Tit. 10, § 260.504.2.1
Note: Authority cited: Section 25610, Corporations Code. Reference: Sections 25140, 25300 and 25504.2, Corporations Code.