§ 5301. Securities registration requirement
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VT Code › Title 9 › Chapter 150 › Section 5301
Text
It is unlawful for a person to offer or sell a security in this State unless:
(1) the security is a federal covered security;
(2) the security, transaction, or offer is exempted from registration under sections 5201 through 5203 of this chapter; or
(3) the security is registered under this chapter.
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