Section 45.55.070. Registration requirement.

A person may not offer or sell a security in this state unless
        (1) it is registered under this chapter;
        (2) the security or transaction is exempted under AS 45.55.900; or
        (3) it is a federal covered security.

Authorities

45.55.138;45.55.139;45.55.170;45.55.175;45.55.900;45.55.990

Notes

Recent Bills that will modify this

HB 194 AK SECURITIES ACT; PENALTIES; CRT. RULES
SB 108 AK SECURITIES ACT; PENALTIES; CRT. RULES

Implemented As

3 AAC 08.080
3 AAC 08.087
3 AAC 08.700
3 AAC 08.705
3 AAC 08.710
3 AAC 08.715
3 AAC 08.720

References

3 AAC 08.087
AS 45.55.138 Application to Alaska Native Claims Settlement Act corporations.
AS 45.55.139 Reports of corporations.
AS 45.55.170 Unlawful representations concerning registration or exemption.
AS 45.55.175 Exemption for certain security sales and offerings.
AS 45.55.900 Exemptions.
AS 45.55.990 Definitions.

History

(Sec. 19 ch 105 SLA 1961; am Sec. 32 ch 76 SLA 1999)