Any transaction or any act incident to a transaction or reorganization approved by a court of competent jurisdiction in which securities are issued and exchanged for one or more outstanding securities, claims or property interests, cash, or any combination thereof, shall be exempt from the registration provisions of Florida Statutes § 517.07 Additionally, any person involved in the facilitation of such court approved transaction or reorganization shall be exempt from the registration provisions of Florida Statutes § 517.12, but only to the extent necessary to carry out such transaction.
Rulemaking Authority Florida Statutes § 517.03(1), 517.061(18) FS. Law Implemented 517.061(19) FS. History-New 3-29-92, Formerly 3E-500.014.

Terms Used In Florida Regulations 69W-500.014

  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
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