Rhode Island General Laws 7-8-31. Exemption from securities law
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The provisions of chapter 11 of this title do not apply to shares of stock of, or memberships in, associations formed under this chapter, or associations formed under like laws of other states, territories, the District of Columbia, or the United States, or to persons selling shares of stock of, or memberships in, the associations.
History of Section.
P.L. 1947, ch. 1976, § 27; G.L. 1956, § 7-8-31.
Terms Used In Rhode Island General Laws 7-8-31
- United States: include the several states and the territories of the United States. See Rhode Island General Laws 43-3-8