LD 509
pg. 169
Page 168 of 183 An Act To Adopt the Maine Uniform Securities Act Page 170 of 183
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LR 441
Item 1

 
F.__Section 16506;

 
G.__Section 16509; and

 
H.__Section 16510.

 
3.__Offers in this State.__For the purpose of this section, an
offer to sell or to purchase a security is made in this State,
whether or not either party is then present in this State, if the
offer:

 
A.__Originates from within this State; or

 
B.__Is directed by the offeror to a place in this State and
received at the place to which it is directed.

 
4.__Acceptances in this State.__For the purpose of this
section, an offer to purchase or to sell is accepted in this
State, whether or not either party is then present in this State,
if the acceptance:

 
A.__Is communicated to the offeror in this State and the
offeree reasonably believes the offeror to be present in
this State and the acceptance is received at the place in
this State to which it is directed; and

 
B.__Has not previously been communicated to the offeror,
orally or in a record, outside this State.

 
5.__Publications, radio, television or other electronic
communications.__An offer to sell or to purchase a security is
not made in this State when a publisher circulates or there is
circulated on the publisher's behalf in this State a bona fide
newspaper or other publication of general, regular and paid
circulation that is not published in this State or that is
published in this State but has had more than 2/3 of its
circulation outside this State during the previous 12 months or
when a radio or television program or other electronic
communication, except specifically addressed electronic mail or
messaging, originating outside this State is received in this
State.__A radio or television program or other electronic
communication is considered as having originated in this State if
either the broadcast studio or the originating source of
transmission is located in this State, unless:

 
A.__The program or communication is syndicated and
distributed from outside this State for redistribution to
the general public in this State;


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