13.1-507 - Registration requirement; exemptions.

§ 13.1-507. Registration requirement; exemptions.

It shall be unlawful for any person to offer or sell any security unless (i)the security is registered under this chapter, (ii) the security ortransaction is exempted by this chapter, or (iii) the security is a federalcovered security.

(Code 1950, § 13-110; 1956, c. 428; 1997, c. 279; 2003, c. 595.)