Alabama Code (Last Updated: November 28, 2014) |
Title8 COMMERCIAL LAW AND CONSUMER PROTECTION. |
Chapter6. SECURITIES. |
Article1. General Provisions. |
§8-6-4. Registration of securities - Required; exceptions.
Latest version.
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It is unlawful for any person to offer or sell any security in this state unless:
(1) It is registered under this article;
(2) The security is exempt from registration under Section 8-6-10; or
(3) The transaction is exempt under Section 8-6-11.