Securities Act Section 3

Section 3 classes of securities under this title.

Securities act section 3. 77aaa et seq the investment company act of 1940 15 u s c. Section 4 exempted transactions. Section 78c a 39 of this title referrred to in subsec.

Section 3 a 9 of the securities act applies to any securities exchanged by the issuer with its existing security holders exclusively where no commission or other remuneration is paid or given directly or indirectly for soliciting such exchange 6the exemption from registration provided by section 3 a 9 is a transactional exemption only. C 2 c was in the original section 3 a 39 of this title and was translated as meaning section 3 a 39 of the securities exchange act of 1934 to reflect the probable intent of congress. Promotion of efficiency competition and capital formation.

78a et seq the public utility holding company act of 1935 15 u s c. 77a et seq so that the individual net worth of any natural person or joint net worth with the spouse of that person at the time of purchase is more than 1 000 000 as such amount is adjusted periodically by rule of the commission excluding the value of the primary residence of such natural. Section 17 a 3 of the securities act prohibits any person from engaging in any transaction practice or course of business which operates or would operate as a fraud or deceit upon the purchaser.

Section 5 prohibitions relating to interstate commerce and the mails. 77a et seq the securities exchange act of 1934 15 u s c. Section 3 b 1 exemption section 3 b 1 of the 33 act is an exemption from registration of securities.

111 203 376 1 a iii substituted a subsidiary or department or division of any such bank a state savings association as defined in section 3 b 3 of the federal deposit insurance act 12 u s c. Section 2 definitions. 1813 b 3 the deposits of which are insured by the federal deposit insurance corporation or a subsidiary or a department or division of any such state savings association.

Negligence is sufficient to establish violations of sections 17 a 2 and 17 a 3. 3 before the issuer can rely on the exemption the following conditions must be met. And for or a subsidiary or department or division thereof.