Code of Alabama
Article 1 - General Provisions.
Section 8-6-29 - Interpretative Opinions by Commission.

(a) The Securities Commission, in its discretion, may honor requests from interested persons for interpretative opinions and no-action letters.
(b) Any person who makes application to the Securities Commission for an interpretative opinion or no-action letter shall be assessed a non-refundable filing fee of $150 upon application for such opinion or letter. Fees collected under this section shall be deposited in the Alabama Securities Commission Fund in the State Treasury to be drawn upon by the commission for its use in the administration of this article.

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Structure Code of Alabama

Code of Alabama

Title 8 - Commercial Law and Consumer Protection.

Chapter 6 - Securities.

Article 1 - General Provisions.

Section 8-6-1 - Short Title.

Section 8-6-2 - Definitions.

Section 8-6-3 - Registration and Bonds of Dealers, Agents, Investment Advisers, Etc.

Section 8-6-4 - Registration of Securities - Required; Exceptions.

Section 8-6-5 - Registration of Securities - Registration by Notification.

Section 8-6-6 - Registration of Securities - Registration of Certain Securities by Coordination.

Section 8-6-7 - Registration of Securities - Registration by Qualification.

Section 8-6-8 - Registration of Securities - Registration Statement; Conditions Precedent; Bond; Notice of Action; Fees; Quarterly Reports and Financial Statements; Discharge From Supervision.

Section 8-6-9 - Registration of Securities - Denial, Suspension and Revocation of Registration.

Section 8-6-10 - Registration of Securities - Exempt Securities.

Section 8-6-11 - Registration of Securities - Exempt Transactions.

Section 8-6-12 - Registration of Securities - Applicability of Provisions of Article; Consent to Service of Process on Secretary of State.

Section 8-6-14 - Filing or Registration Not Finding of Truth, Completeness, etc., of Documents; Representations Concerning Effect of Registration or Exemption.

Section 8-6-15 - Investigations and Subpoenas by Commission.

Section 8-6-16 - Administrative Cease and Desist Authority to Commission; Injunctive Relief; Appointment of Receivers or Conservators for Defendants or Defendants' Assets; Court Ordered Rescission, Restitution, or Disgorgement for Violations.

Section 8-6-17 - Prohibited Acts Regarding Offer, Sale, or Purchase of Securities.

Section 8-6-18 - Criminal Penalties for Violations of Article; Enforcement; Scienter.

Section 8-6-19 - Civil Liabilities of Sellers, Agents, etc.; Remedies of Purchasers.

Section 8-6-21 - Commission Authorized to Swear Out Warrants of Arrest; Liability of Commission for Warrant.

Section 8-6-22 - Duties of Director; Director Empowered to Swear Out Warrants of Arrest; Liability of Director for Warrant.

Section 8-6-23 - Making, Amending, and Rescinding Rules and Prescribing Forms by Commission.

Section 8-6-24 - Liability for Acts Done or Omitted in Good Faith Under Rules, Forms, or Orders.

Section 8-6-25 - Hearings to Be Public; Requests for Private Hearings.

Section 8-6-26 - Document Deemed Filed When Received.

Section 8-6-27 - Commission to Keep Register; Register to Be Open for Public Inspection.

Section 8-6-28 - Commission to Furnish Copies of Register Entries or Documents; Certified Copy Deemed Prima Facie Evidence.

Section 8-6-29 - Interpretative Opinions by Commission.

Section 8-6-30 - Burden of Proving Exemption or Exception From Definition.

Section 8-6-31 - Commission May Issue Warnings to Public and Publish Information Regarding Orders.

Section 8-6-32 - Party Aggrieved by Order Entitled to Hearing Before Commission; Appeals From Action of Commission.

Section 8-6-33 - Disposition of Revenue.