Registration of securities
Known as the Securities Act
The act spans §§ 292–292 (93 sections).
Applied in 10 court decisions — leading case Herm v. Stafford (1981)
Most recently applied in Muncy v. Intercloud Systems, Inc. (March 2015)
Effective: June 27, 2025 History: Amended 2025 Ky
Court decisions citing this, by year. The dip in the last several years is a data-coverage gap, not a real trend — our corpus holds fewer opinions from the most recent years, so recent citations are undercounted.
(1) It is unlawful for any person to offer or sell any security in this state, unless the security is registered under this chapter, or the security or transaction is exempt under this chapter, or the security is a covered security.
(2) (a) A business that offers to provide staking as a service to any person shall not be deemed to be offering or selling a security under this chapter.
(b) As used in this subsection, "staking as a service" has the same meaning as in KRS 369.130.
Official source: Kentucky General Assembly. Reproduced from public-domain Kentucky statutes; confirm against the official source for the current text. Not legal advice.