Registration Requirement
Known as the Uniform Securities Act
The act spans §§ 110–110 (31 sections).
It is unlawful for any person to offer or sell any security in the commonwealth unless:—
(1) the security is registered under this chapter;
(2) the security or transaction is exempted under section 402; or
(3) the security is a federal covered security.
Official source: Massachusetts Legislature. Reproduced from public-domain Massachusetts statutes; confirm against the official source for the current text. Not legal advice.