Section 7-11-804. – Short title.
§ 7-11-804. Short title. This chapter may be cited as the Rhode Island Uniform Securities Act (1990). History of Section.P.L. 1990, ch. 460, § 2.
Section 7-11-805. – Severability clause.
§ 7-11-805. Severability clause. If any provision of this chapter or its application to any person or circumstances is held invalid, the invalidity does not affect other provisions or applications of this chapter that can be given effect without the invalid provision or application, and to this end the provisions of the chapter are severable. […]
Section 7-11-806. – Repeal and saving provisions.
§ 7-11-806. Repeal and saving provisions. (a) Law repealed by this chapter exclusively governs a suit, action, prosecution, or proceeding that is pending or may be initiated on the basis of facts or circumstances occurring before July 12, 1990, but no civil suit or action may be maintained to enforce any liability under the law […]
Section 7-11-703. – Public information — Confidentiality.
§ 7-11-703. Public information — Confidentiality. (a) Except as provided in subsection (b), information and documents filed with or obtained by the director are public information and are available for public examination under the open records law of the state. (b) The following information and documents do not constitute public information under subsection (a): (1) […]
Section 7-11-704. – Cooperation with other agencies.
§ 7-11-704. Cooperation with other agencies. (a) To encourage uniform interpretation and administration of this chapter and effective securities regulation and enforcement, the director may cooperate with the securities agencies or administrators of one or more states, Canadian provinces or territories, or another country, the Securities and Exchange Commission, the Commodity Futures Trading Commission, the […]
Section 7-11-705. – Rules, forms, and orders.
§ 7-11-705. Rules, forms, and orders. (a) In addition to specific authority otherwise granted by this chapter, the director: (1) Shall adopt rules of practice describing the nature and requirements of all formal and informal procedures available to the public, including a description of all forms and instructions that are to be used by persons […]
Section 7-11-706. – Declaratory orders and rulings.
§ 7-11-706. Declaratory orders and rulings. (a) Any person may petition the director for a declaratory order as to the applicability to specified circumstances of a statute, rule, or order under this chapter. The director may issue a declaratory order in response to a petition for that order unless the director determines that the petition […]
Section 7-11-707. – Good faith reliance.
§ 7-11-707. Good faith reliance. No provision of this chapter imposing liability applies to an act done or omitted in good faith in conformity with: (1) A rule or order adopted by the director, notwithstanding that the rule or order is later amended, repealed, or determined by judicial or other authority to be invalid; or […]
Section 7-11-708. – Consent to service of process.
§ 7-11-708. Consent to service of process. (a) An applicant for licensing or registration under this chapter, a federal covered adviser or an issuer who proposes to offer securities in this state through a person acting on an agency basis in the common law sense shall file with the director, in the form the director, […]
Section 7-11-709. – Administrative files and records.
§ 7-11-709. Administrative files and records. (a) The director keeps one or more registers of: (1) All applications for licensing and registration under this chapter; (2) All licenses and registration statements that become effective under this chapter; (3) All disciplinary and enforcement orders issued and reports of investigation made under this chapter; (4) All declaratory […]