Securities registration requirement

It is unlawful and shall be deemed a Class C2 felony offense 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 1-201 through 1-203 of this title; or 3. The security is registered under this title. Added by Laws 2003, c. 347, § 10, eff. July 1, 2004. Amended by Laws 2022, c. 77, § 12, eff. Nov. 1, 2022; Laws 2025, c. 486, § 285, eff. Jan. 1, 2026.