Securities registration requirement
Known as the South Carolina Uniform Securities Act
The act spans §§ 35–35 (62 sections).
Applied in 2 court decisions — leading case Voss v. Pujdak (In Re Pujdak) (2011)
Most recently applied in Voss v. Pujdak (In Re Pujdak) (June 2011)
2005 Act No. 110, SECTION 1, eff January 1, 2006.
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 35-1-201 through 35-1-203; or
(3) the security is registered under this chapter.
Official source: South Carolina Legislature. Reproduced from public-domain South Carolina statutes; confirm against the official source for the current text. Not legal advice.