PURPOSE: This rule prescribes policies on
the availability of the exemption of evidence of indebtedness and the related
security documents offered or sold as a unit.
(1) The exemption specified in section
409.2-202(11)
of the Missouri Securities Act of 2003 shall not be considered to extend to any
transaction in a security in the nature of an investment contract or
profit-sharing agreement.
Notes
15 CSR 30-54.120
AUTHORITY:
sections 409.2-202(11) and
409.6-605, RSMo Supp. 2003.* Original rule
filed July 21, 1972, effective Aug. 1, 1972. Amended: Filed March 21, 1974,
effective April 1, 1974. Amended: Filed Nov. 15, 1974, effective Nov. 25, 1974.
Emergency amendment filed Aug. 19, 2003, effective Sept. 12, 2003, expired
March 9, 2004. Amended: Filed Aug. 27, 2003, effective Feb. 29,
2004.
AUTHORITY: sections
409.2-202(11) and
409.6-605, RSMo Supp. 2003.* Original rule
filed July 21, 1972, effective Aug. 1, 1972. Amended: Filed March 21, 1974,
effective April 1, 1974. Amended: Filed Nov. 15, 1974, effective Nov. 25, 1974.
Emergency amendment filed Aug. 19, 2003, effective Sept. 12, 2003, expired
March 9, 2004. Amended: Filed Aug. 27, 2003, effective Feb. 29, 2004.
