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
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Bill History
Date Chamber Action 11/30/2021 House • Filed
12/13/2021 House • Referred to Insurance & Banking Subcommittee
• Referred to State Administration & Technology Appropriations Subcommittee
• Referred to Commerce Committee
• Now in Insurance & Banking Subcommittee
1/11/2022 House • 1st Reading (Original Filed Version)
3/12/2022 House • Indefinitely postponed and withdrawn from consideration
3/14/2022 House • Died in Insurance & Banking Subcommittee
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HB 779, Original Filed Version (Current Bill Version) Posted 11/30/2021 at 3:04 PM
Bill Text: PDF Analyses: None Related Bills (1)
Bill Number Subject Filed By Relationship Last Action and Location Track Bills S 1880 Offers and Sales of Securities Gruters Identical Last Action: 3/14/2022 S Died in Banking and Insurance 
Citations - Statutes (20)
Citation Catchline Location in Bill Location In Bill Help 517.021 Definitions. Page 6 (pdf) 517.061 Exempt transactions. Page 23 (pdf) 517.0611 Intrastate crowdfunding. Page 42 (pdf) 517.072 Viatical settlement investments. Page 62 (pdf) 517.075 Cuba, prospectus disclosure of doing business with, required. Page 106 (pdf) 517.081 Registration procedure. Page 63 (pdf) 517.082 Notification registration. Page 75 (pdf) 517.111 Revocation or denial of registration of securities. Page 77 (pdf) 517.12 Registration of dealers, associated persons, intermediaries, and investment advisers. Page 81 (pdf) 517.121 Books and records requirements; examinations. Page 96 (pdf) 517.1217 Rules of conduct and prohibited business practices for dealers and their associated persons. Page 96 (pdf) 517.131 Securities Guaranty Fund. Page 108 (pdf) 517.161 Revocation, denial, or suspension of registration of dealer, investment adviser, intermediary, or associated person. Page 97 (pdf) 517.1611 Guidelines. Page 104 (pdf) 517.181 Escrow agreement. Page 105 (pdf) 517.191 Injunction to restrain violations; civil penalties; enforcement by Attorney General. Page 105 (pdf) 517.211 Remedies available in cases of unlawful sale. Page 108 (pdf) 517.315 Fees. Page 109 (pdf) 626.9911 Definitions. Page 107 (pdf) 744.351 Bond of guardian. Page 107 (pdf)