SECTION 301; SECURITIES REGISTRATION REQUIREMENT.
Known as the Minnesota Securities Act
The act spans §§ 80–80 (52 sections).
Applied in 1 court decision — leading case Risdall v. Brown-Wilbert, Inc. (2008)
Most recently applied in Risdall v. Brown-Wilbert, Inc. (July 2008)
2006 c 196 art 1 s 10,52
It is unlawful for a person to offer or sell a security in this state unless:
(1) the security is a federal covered security;
(2) the security, transaction, or offer is exempted from registration under sections 80A.45 through 80A.47; or
(3) the security is registered under this chapter.
Official source: Minnesota Office of the Revisor of Statutes. Reproduced from public-domain Minnesota statutes; confirm against the official source for the current text. Not legal advice.