It is unlawful for any person to offer or sell any security in this state unless: (1) It is registered under this chapter; or (2) the security or transaction is exempted under section four hundred two of article four of this chapter or under article five of this chapter; or (3) the security is a federal covered security.
W. Va. Code § 32-3-301
Registration requirement
Known as the Uniform Securities Act
The act spans §§ 32–32 (33 sections).
Applied in 1 court decision — leading case 171 W. Va. 137 - State v. Fairchild (1982)
Most recently applied in 171 W. Va. 137 - State v. Fairchild (November 1982)
Official source: West Virginia Legislature. Reproduced from public-domain West Virginia statutes; confirm against the official source for the current text. Not legal advice.