Sec. 36b-16. (Formerly Sec. 36-485). Registration of security prior to offer or sale required. Exceptions.
60 words·~1 min read·
/ct/title-36b/chapter-672a-uniform-securities-act/36b-16·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
No person shall offer or sell any security in this state unless
(1)it is registered under sections 36b-2 to 36b-34 , inclusive,
(2)the security or transaction is exempted under section 36b-21 , or
(3)the security is a covered security provided such person complies with any applicable requirements in subsections (c),
(d)and
(e)of section 36b-21 .