Ark. Code § 23-42-501

Current with legislation from 2024 Fiscal and Special Sessions.

Section 23-42-501 - Sale of unregistered nonexempt securities

It is unlawful for any person to offer or sell any security in this state unless:

(1) It is registered under this chapter;

(2) The security or transaction is exempted under § 23-42-503 or § 23-42-504; or

(3) It is a covered security.

Ark. Code § 23-42-501

Acts 1959, No. 254, § 7; A.S.A. 1947, § 67-1241; Acts 1997, No. 173, § 18.