61-1-7 - Registration before sale.

61-1-7. Registration before sale.
It is unlawful for any person to offer or sell any security in this state unless it is registeredunder this chapter, the security or transaction is exempted under Section 61-1-14, or the securityis a federal covered security for which a notice filing has been made pursuant to the provisions ofSection 61-1-15.5.

Amended by Chapter 160, 1997 General Session