32 §16301. Securities registration requirement

Title 32: PROFESSIONS AND OCCUPATIONS

Chapter 135: MAINE UNIFORM SECURITIES ACT HEADING: PL 2005, C. 65, PT. A, §2 (NEW)

Subchapter 3: REGISTRATION OF SECURITIES AND NOTICE FILING OF FEDERAL COVERED SECURITIES HEADING: PL 2005, C. 65, PT. A, §2 (NEW)

§16301. Securities registration requirement

It is unlawful for a person to offer or sell a security in this State unless: [2005, c. 65, Pt. A, §2 (NEW).]

1. Federal covered security. The security is a federal covered security;

[ 2005, c. 65, Pt. A, §2 (NEW) .]

2. Exempt from registration. The security, transaction or offer is exempted from registration under sections 16201 to 16203; or

[ 2005, c. 65, Pt. A, §2 (NEW) .]

3. Registered. The security is registered under this chapter.

[ 2005, c. 65, Pt. A, §2 (NEW) .]

SECTION HISTORY

2005, c. 65, §A2 (NEW).