# N.H. Rev. Stat. § 421-B:2-204: 421-B:2-204 Denial, Suspension, Revocation, Conditions, or Limitation of Exemptions

> New Hampshire · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_NH_TXXXVIII_C421-B_S2-204

## Section

- **Citation:** N.H. Rev. Stat. § 421-B:2-204
- **Heading:** 421-B:2-204 Denial, Suspension, Revocation, Conditions, or Limitation of Exemptions
- **Jurisdiction:** New Hampshire
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** NH Code / Title XXXVIII / Chapter 421-B / Section 2-204

## Text

(a) Enforcement related powers. Except with respect to securities or a transaction preempted by section 18(b) of the Securities Act of 1933, an order by the secretary of state under this chapter may deny, suspend application of, condition, limit, or revoke an exemption created under RSA 421-B:2-201(3)(C) or RSA 421-B:2-202 or an exemption or waiver created under RSA 421-B:2-203 with respect to a specific security, transaction, or offer. An order under this section may be issued only pursuant to the procedures in RSA 421-B:3-306(d) or RSA 421-B:6-604 and only prospectively. (b) Knowledge of order required. A person does not violate RSA 421-B:3-301, RSA 421-B:3-303 through RSA 421-B:3-306, RSA 421-B:5-504, or RSA 421-B:5-510 by an offer to sell, offer to purchase, sale, or purchase effected after the entry of an order issued under this section if the person did not know, and in the exercise of reasonable care could not have known, of the order. For purposes of subsection (b), a person will be conclusively presumed to have knowledge of an order which is mailed to the last address specified by such person to the secretary of state, if any, or which is published in a newspaper of statewide circulation.

## Nearby sections

- [N.H. Rev. Stat. § 421-B:1-101 421-B:1-101 Short Title.](https://www.frixlaw.com/law-library/statutes/STATE_NH_TXXXVIII_C421-B_S1-101.md)
- [N.H. Rev. Stat. § 421-B:1-102 421-B:1-102 Definitions.](https://www.frixlaw.com/law-library/statutes/STATE_NH_TXXXVIII_C421-B_S1-102.md)
- [N.H. Rev. Stat. § 421-B:1-103 421-B:1-103 References to Federal Statutes.](https://www.frixlaw.com/law-library/statutes/STATE_NH_TXXXVIII_C421-B_S1-103.md)
- [N.H. Rev. Stat. § 421-B:1-104 421-B:1-104 References to Federal Agencies.](https://www.frixlaw.com/law-library/statutes/STATE_NH_TXXXVIII_C421-B_S1-104.md)
- [N.H. Rev. Stat. § 421-B:1-105 421-B:1-105 Electronic Records and Signatures.](https://www.frixlaw.com/law-library/statutes/STATE_NH_TXXXVIII_C421-B_S1-105.md)
- [N.H. Rev. Stat. § 421-B:2-201 421-B:2-201 Exempt Securities.](https://www.frixlaw.com/law-library/statutes/STATE_NH_TXXXVIII_C421-B_S2-201.md)
- [N.H. Rev. Stat. § 421-B:2-202 421-B:2-202 Exempt Transactions.](https://www.frixlaw.com/law-library/statutes/STATE_NH_TXXXVIII_C421-B_S2-202.md)
- [N.H. Rev. Stat. § 421-B:2-202-A 421-B:2-202-A Implementing Provisions.](https://www.frixlaw.com/law-library/statutes/STATE_NH_TXXXVIII_C421-B_S2-202-A.md)
- [N.H. Rev. Stat. § 421-B:2-203 421-B:2-203 Additional Exemptions and Waivers.](https://www.frixlaw.com/law-library/statutes/STATE_NH_TXXXVIII_C421-B_S2-203.md)
- [N.H. Rev. Stat. § 421-B:2-204 421-B:2-204 Denial, Suspension, Revocation, Conditions, or Limitation of Exemptions.](https://www.frixlaw.com/law-library/statutes/STATE_NH_TXXXVIII_C421-B_S2-204.md)
- [N.H. Rev. Stat. § 421-B:3-301 421-B:3-301 Securities Registration Requirement.](https://www.frixlaw.com/law-library/statutes/STATE_NH_TXXXVIII_C421-B_S3-301.md)
- [N.H. Rev. Stat. § 421-B:3-302 421-B:3-302 Notice Filing.](https://www.frixlaw.com/law-library/statutes/STATE_NH_TXXXVIII_C421-B_S3-302.md)
- [N.H. Rev. Stat. § 421-B:3-303 421-B:3-303 Securities Registration by Coordination.](https://www.frixlaw.com/law-library/statutes/STATE_NH_TXXXVIII_C421-B_S3-303.md)
- [N.H. Rev. Stat. § 421-B:3-304 421-B:3-304 Securities Registration by Qualification.](https://www.frixlaw.com/law-library/statutes/STATE_NH_TXXXVIII_C421-B_S3-304.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_NH_TXXXVIII_C421-B_S2-204. Check the current official text before relying on it. Not legal advice.