80A.49 SECTION 301; SECURITIES REGISTRATION REQUIREMENT.
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/mn/chapter-80/80a-49A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
80A.49 SECTION 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 80A.45 through 80A.47; or
(3)the security is registered under this chapter.