Securities registration requirement.

It is unlawful for a person to offer or sell a security in this state unless one of the following applies: 1. The security is a federal covered security. 2. The security, transaction, or offer is exempted from registration under sections 502.201 through 502.203 . 3. The security is registered under this chapter . [SS15, §1920-u15; C24, 27, §8561, 8563; C31, 35, §8581-c11; C39, § 8581.11; C46, 50, 54, 58, 62, 66, 71, 73, 75, §502.11; C77, 79, 81, §502.301 ] 83 Acts, ch 169, §9 ; 91 Acts, ch 40, §19 ; 96 Acts, ch 1025, §7 ; 98 Acts, ch 1106, §3, 4, 24 ; 2004 Acts, ch 1161, §9, 68 Referred to in §502.201 , 502.202 , 502.203 , 502.204 , 502.509 , 502.607 , 502.608 , 502.610 , 502.701 , 536A.22