Section 409.3-301 – Securities registration requirement.
Effective – 01 Sep 2003 409.3-301. Securities registration requirement. — 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 409.2-201 to 409.2-203; or (3) The security is registered […]
Section 409.3-302 – Notice filing.
Effective – 28 Aug 2020, 2 histories 409.3-302. Notice filing. — (a) With respect to a federal covered security, as defined in Section 18(b)(2) of the Securities Act of 1933 (15 U.S.C. Section 77r(b)(2)), that is not otherwise exempt under sections 409.2-201 to 409.2-203, a rule adopted or order issued under this act may require […]
Section 409.863 – Licenses — denial, suspension, revocation, limitations, cancellation — grounds.
Effective – 28 Aug 1985 409.863. Licenses — denial, suspension, revocation, limitations, cancellation — grounds. — 1. The commissioner may, by order, deny, suspend, or revoke any license, limit the activities which an applicant or licensed person may perform in this state, conserve any applicant or licensed person, or bar any applicant or licensed person […]
Section 409.950 – Fiduciaries and employee retirement systems, investment in certain multinational development banks authorized.
Effective – 28 Aug 2007 409.950. Fiduciaries and employee retirement systems, investment in certain multinational development banks authorized. — Notwithstanding any other law to the contrary, securities or other obligations issued by multinational development banks in which the United States is a member nation, including the African Development Bank, shall be treated as eligible for […]
Section 409.1000 – Business opportunities — definitions.
Effective – 28 Aug 2000 409.1000. Business opportunities — definitions. — 1. For the purposes of sections 409.1000 to 409.1006, “business opportunity” means the sale or lease of any product, equipment, supplies or services which are sold or leased to a purchaser to enable the purchaser to start a business for which the purchaser is […]
Section 409.1003 – Practices prohibited — penalty.
Effective – 28 Aug 2000 409.1003. Practices prohibited — penalty. — 1. A business opportunity seller shall not: (1) Misrepresent, by failure to disclose or otherwise, the known required total investment for such business opportunity; (2) Misrepresent or fail to disclose efforts to sell or establish more franchises or distributorships than it is reasonable to […]
Section 409.1006 – Civil remedies.
Effective – 28 Aug 2000 409.1006. Civil remedies. — 1. If a business opportunity seller uses untrue or misleading statements in the sale of a business opportunity, fails to give the proper disclosures, or fails to deliver the equipment, supplies or products necessary to begin substantial operation of the business within forty-five days of the […]
Section 409.1-101 – Short title.
Effective – 01 Sep 2003 409.1-101. Short title. — Sections 409.1-101 to 409.7-703 may be cited as the “Missouri Securities Act of 2003” and in this chapter as this act. ——– (L. 2003 H.B. 380) Effective 9-01-03
Section 409.1-102 – Definitions.
Effective – 01 Sep 2003 409.1-102. Definitions. — In this act, unless the context otherwise requires: (1) “Agent” means an individual, other than a broker-dealer, who represents a broker-dealer in effecting or attempting to effect purchases or sales of securities or represents an issuer in effecting or attempting to effect purchases or sales of the […]
Section 409.856 – Licenses — effective date — expiration — classification, sales representatives — restrictions — exceptions.
Effective – 28 Aug 1985 409.856. Licenses — effective date — expiration — classification, sales representatives — restrictions — exceptions. — 1. Unless a proceeding under section 409.863 has been instituted, the license of any commodity broker-dealer or commodity sales representative becomes effective thirty days after an application for licensing and the last of any […]