State Codes and Statutes

State Codes and Statutes

Statutes > Vermont > Title-09 > Chapter-150 > 5301

§ 5301. Securities registration requirement

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 5201 through 5203 of this chapter; or

(3) the security is registered under this chapter. (Added 2005, No. 11, § 1, eff. July 1, 2006.)