Sec. 9. 32 MRSA §10501, sub-§3, as amended by PL 1989, c. 542, §38, is further amended to read:

3. Filing. "Filing" means the receipt of any document by the administrator or designee of the administrator for filing.

Sec. 10. 32 MRSA §10501, sub-§18, as amended by PL 1997, c. 168, §23, is further amended to read:

18. Security. "Security" means any note; stock; treasury stock; bond; debenture; evidence of indebtedness; certificate of interest or participation in any profit-sharing agreement; any limited partnership interest; collateral-trust certificate; preorganization certificate or subscription; transferable share; investment contract; voting-trust certificate; certificate of deposit for a security; documents of title to and or certificates of interest or participation in an oil, gas or other mineral title or lease or in payments out of production under such any title lease, right or royalty; any put, call, straddle or option entered into a national securities exchange relating to foreign currency; any put, call, straddle or option on any security, certificate of deposit or group or index of securities, including any interest therein or based on the value thereof; or, in general, any interest or instrument commonly known as a "security," or any certificate of interest or participation in, temporary or interim certificate for, receipt for, guarantee of, or warrant or right to subscribe to or purchase, any of the foregoing. "Security" does not include any insurance or endowment policy or annuity contract under which an insurance company promises to pay money either in a lump sum or periodically for life or some other specified period or any interest in a contributory or noncontributory pension or welfare plan subject to the United States Employee Retirement Income Security Act of 1974.

Sec. 11. 32 MRSA §10501, sub-§21 is enacted to read:

21.__Successor firm.__"Successor firm" includes any broker- dealer or investment adviser whose direct or indirect ownership or control has changed by more than 45%.