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Michigan Legislature
Michigan Compiled Laws Complete Through PA 178 of 2019
House: Adjourned until Tuesday, January 21, 2020 1:30:00 PM
Senate: Adjourned until Tuesday, January 21, 2020 10:00:00 AM


Michigan Legislature

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Section 451.2301

Jump to the first occurrence of "securities"

UNIFORM SECURITIES ACT (2002) (EXCERPT)
Act 551 of 2008


451.2301 Offer or sale of security; requirements.

Sec. 301.

  A person shall not offer or sell a security in this state unless 1 or more of the following are met:
  (a) The security is a federal covered security.
  (b) The security, transaction, or offer is exempted from registration under sections 201 to 203.
  (c) The security is registered under this act.


History: 2008, Act 551, Eff. Oct. 1, 2009
Compiler's Notes: For transfer of securities division of office of finance and insurance regulation from office of finance and insurance regulation to department of licensing and regulatory affairs, see E.R.O. No. 2012-6, compiled at MCL 445.2034.


© 2017 Legislative Council, State of Michigan

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