292.340 Registration of securities.
88 words·~1 min read·
/ky/chapter-292/292-340A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(1)It is unlawful for any person to offer or sell any security in this state, unless the
security is registered under this chapter, or the security or transaction is exempt
under this chapter, or the security is a covered security.
(a)A business that offers to provide staking as a service to any person shall not
be deemed to be offering or selling a security under this chapter.
(b)As used in this subsection, "staking as a service" has the same meaning as in
KRS 369.130.