HB 779: Offers and Sales of Securities
GENERAL BILL by Harding
Offers and Sales of Securities; Excludes certain securities offers & sales by specified persons from exemption from specified registration requirements; provides that certain communications do not constitute general solicitation or general advertising; revises requirements for securities offers & sales that are exempt transactions under specified laws; revises requirements for & duties of issuers of securities; revises aggregate amount in certain transactions that are exempt from specified registration requirements; provides that certain securities sales are voidable within specified timeframes; authorizes registered intermediaries & dealers to use means of general solicitation & advertising; revises duties of intermediaries; authorizes issuers or persons on behalf of issuers to communicate with prospective investors on securities offerings; revises fees for securities registration applications; prohibits finders & associated persons from engaging in business unless registered.
Last Action: 3/14/2022 House - Died in Insurance & Banking Subcommittee
Bill Text: PDF
Bill History
| Date | Chamber | Action |
|---|---|---|
| 11/30/2021 | House |
• Filed |
| 12/13/2021 | House |
• Referred to Insurance & Banking Subcommittee • Referred to State Administration & Technology Appropriations Subcommittee • Referred to Commerce Committee • Now in Insurance & Banking Subcommittee |
| 1/11/2022 | House |
• 1st Reading (Original Filed Version) |
| 3/12/2022 | House |
• Indefinitely postponed and withdrawn from consideration |
| 3/14/2022 | House |
• Died in Insurance & Banking Subcommittee |
