30-10-202. Registration of securities.
80 words·~1 min read·
/mt/title-30/chapter-10/part-2/30-10-202·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
30-10-202 . Registration of securities. It is unlawful for any person to offer or sell any security in this state, except securities exempt under 30-10-104 or when sold in transactions exempt under 30-10-105 , unless:
(1)the security is registered by notification, coordination, or qualification under parts 1 through 3 of this chapter; or
(2)for a federal covered security, the security has been filed with the commissioner pursuant to 30-10-211 and the fee prescribed in 30-10-209 has been paid.