It is unlawful for any person to offer to sell or sell any security in this state unless it is registered under this article 51; the security or transaction is exempted under section 11-51-307, 11-51-308, 11-51-308.5, or 11-51-309; or the security is a federal covered security for which a notice filing has been made pursuant to section 11-51-304.5.
Source: L. 90: Entire article R&RE, p. 707, § 1, effective July 1. L. 2016: Entire section amended, (SB 16-189), ch. 210, p. 757, § 18, effective June 6. L. 2018: Entire section amended, (HB 18-1388), ch. 280, p. 1755, § 1, effective August 8.
Editor's note: This section is similar to former § 11-51-107 (1) as it existed prior to 1990.
Cross references: For the applicability of this section, see § 11-51-102 (1) and (7). For securities exempted from this section, see § 11-51-307.
Structure Colorado Code
Title 11 - Financial Institutions
Part 3 - Registration of Securities and Exemptions
§ 11-51-301. Requirement for Registration of Securities
§ 11-51-302. General Registration Provisions
§ 11-51-303. Registration by Coordination
§ 11-51-304. Registration by Qualification
§ 11-51-304.5. Notice Filing - Investment Companies
§ 11-51-305. Filing of Sales Literature
§ 11-51-306. Denial, Suspension, or Revocation of Registration
§ 11-51-307. Exempt Securities
§ 11-51-308. Exempt Transactions
§ 11-51-309. Discretionary Exemptions