§ 7501. Definitions.
§ 7501. Definitions. As used in this chapter, unless the context requires otherwise, the following words and phrases shall mean: (1) “Private corporation” shall mean a general and business or a general not-for-profit corporation organized under the laws of this State. (2) “Public corporation” shall mean this State, a political subdivision thereof, a corporate instrumentality […]
§ 73-204. Registration of securities by qualification.
§ 73-204. Registration of securities by qualification. (a) Any security may be registered by qualification. (b) A registration statement under this section shall contain the following information and be accompanied by the following documents in addition to the information specified in § 73-205(b) of this title and the consent to service of process required by […]
§ 73-402. Subpoena power.
§ 73-402. Subpoena power. For the purpose of any investigation or proceeding under this chapter, the Director, or any officer designated by the Director, may administer oaths and affirmations, subpoena witnesses, compel their attendance, take evidence, and require the production of any books, papers, correspondence, memoranda, agreements, or other documents or records which the Director […]
§ 73-205. Provisions applicable to registration of securities generally.
§ 73-205. Provisions applicable to registration of securities generally. (a) A registration statement may be filed by the issuer, and the other person on whose behalf the offering is to be made, or a registered broker-dealer. (b) Every registration statement shall specify the amount of securities to be offered in this State; the states in […]
§ 73-403. Failure to comply with subpoena.
§ 73-403. Failure to comply with subpoena. In case of contumacy by, or refusal to obey a subpoena issued to, any person, the Court of Chancery, upon application by the Director, may issue to the person an order requiring that person to appear before the Court of Chancery or the designated officer, there to produce […]
§ 73-206. Stop orders.
§ 73-206. Stop orders. (a) Subject to § 73-208(e) of this title, the Director may issue a stop order prohibiting the offering and sale of a security, or the Director may issue a stop order denying effectiveness to, or suspending or revoking the effectiveness of, any registration statement, if the Director finds that the order […]
§ 73-404. Immunity from prosecution.
§ 73-404. Immunity from prosecution. No person is excused from attending and testifying or from producing any document or record before the Director, or in obedience to the subpoena of the Director or any designated officer or in any proceeding instituted by the Director, on the ground that the testimony or evidence (documentary or otherwise) […]
§ 73-207. Exemptions.
§ 73-207. Exemptions. (a) The following securities are exempted from §§ 73-202, 73-208 and 73-211 of this title: (1) Any security (including a revenue obligation) issued or guaranteed by the United States, any state, any political subdivision of a state, or any agency or corporation or other instrumentality of one or more of the foregoing, […]
§ 73-208. Federal covered securities.
§ 73-208. Federal covered securities. (a) The Director, by rule or order, may require the filing of any or all of the following documents with respect to a covered security under § 18(b)(2) of the Securities Act of 1933 [15 U.S.C. § 77r(b)(2)]: (1) Prior to the initial offer of such federal covered security in […]
§ 73-209. Misleading filings.
§ 73-209. Misleading filings. It is unlawful for any person to make or cause to be made, in any document filed with the Director or in any proceeding under this chapter, any statement which is, at the time and in the light of the circumstances under which it is made, false or misleading in any […]