HB 779: Offers and Sales of Securities
GENERAL BILL by Harding
Offers and Sales of Securities; Excludes certain securities offers & sales by specified persons from exemption from specified registration requirements; provides that certain communications do not constitute general solicitation or general advertising; revises requirements for securities offers & sales that are exempt transactions under specified laws; revises requirements for & duties of issuers of securities; revises aggregate amount in certain transactions that are exempt from specified registration requirements; provides that certain securities sales are voidable within specified timeframes; authorizes registered intermediaries & dealers to use means of general solicitation & advertising; revises duties of intermediaries; authorizes issuers or persons on behalf of issuers to communicate with prospective investors on securities offerings; revises fees for securities registration applications; prohibits finders & associated persons from engaging in business unless registered.
Last Action: 3/14/2022 House - Died in Insurance & Banking Subcommittee
Bill Text: PDF
• Referred to Insurance & Banking Subcommittee
• Referred to State Administration & Technology Appropriations Subcommittee
• Referred to Commerce Committee
• Now in Insurance & Banking Subcommittee
• 1st Reading (Original Filed Version)
• Indefinitely postponed and withdrawn from consideration
• Died in Insurance & Banking Subcommittee
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