PART III.
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/hi/part-iii-34A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
PART III. REGISTRATION OF SECURITIES AND NOTICE
FILING OF FEDERAL COVERED SECURITIES
[§485A-301] Securities registration requirement. It is unlawful for a person to offer or sell a security in this State unless:
(1)The security is a federal covered security;
(2)The security, transaction, or offer is exempted from registration under sections 485A-201 to 485A-203; or
(3)The security is registered under this chapter. [L 2006, c 229, pt of §1]