Registration Requirement
Known as the Uniform Securities Act
The act spans §§ 110A-101 to 110A-417 (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.