§71-420. Rules and regulations.
89 words·~1 min read·
/ok/title-71-securities/71-420·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The Administrator may prescribe reasonable rules and regulations:
1. Defining fraudulent, evasive, deceptive or grossly unfair practices in connection with multinational corporation take-over bids, and the terms used in this act;
2. Exempting from this act multinational corporation take-over bids not made for the purpose of, and not having the effect of, changing or influencing the control of a target company; and
3. Covering such other matters as are necessary to give effect to this act.
Added by Laws 1980, c. 300, § 7, emerg. eff. June 12, 1980.