44-1847. Power of commission to exempt certain
securities or transactions of regulated issuers


The commission may from time to time, by rules and regulations and subject to terms
and conditions prescribed therein, add any class of securities or transactions to the
securities or transactions exempted as provided in sections 44-1843, 44-1843.01 and
44-1844, if it appears to the commission that registration of such securities under this
chapter is not essential to public interest or for the protection of investors by reason
of authority conferred by law upon an agency of the state empowering such agency to
regulate or supervise the issuance of securities of, or the business conducted or to be
conducted by, any issuer of securities or any class or classes of issuers of securities.