LD 509
pg. 183
Page 182 of 183 An Act To Adopt the Maine Uniform Securities Act LD 509 Title Page
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LR 441
Item 1

 
registered pursuant to Title 20-A, section 9501. "Merchandise"
does not include securities that are registered or exempt from
registration pursuant to chapter 105 135, the Revised Maine Uniform
Securities Act and rules adopted pursuant to that Act.

 
Sec. C-20. 38 MRSA §2212, sub-§15, as enacted by PL 1989, c. 585, Pt.
A, §7, is amended to read:

 
15. Application. Provide financial assistance by means of
revenue obligation securities which are not subject to Title 32,
chapter 105 135, relating to dealers in securities.

 
SUMMARY

 
Part A of this bill enacts the Maine Uniform Securities Act.

 
Part B authorizes the Superintendent of Insurance to adopt
certain rules.

 
Part C corrects cross references.


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