Bill Summary

HB 779 Offers and Sales of Securities (2022 Session)
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. Effective Date: July 1, 2022
11/30/21
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Filed
12/13/21
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Referred to Insurance & Banking Subcommittee; State Administration & Technology Appropriations Subcommittee; Commerce Committee
12/13/21
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Now in Insurance & Banking Subcommittee
03/12/22
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Indefinitely postponed and withdrawn from consideration
03/14/22
HOUSE 
Died in Insurance & Banking Subcommittee
0779
Filed on 11/30/21
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No amendments to this bill text filed.
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626.9911
744.351
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