30-14-504. FILING OF SALES AND ADVERTISING LITERATURE. (a) Filing requirement. Except as otherwise provided in subsection (b) of this section, a rule adopted or an order issued under this chapter may require the filing of a prospectus, pamphlet, circular, form letter, advertisement, sales literature or other advertising record relating to a security or investment advice, addressed or intended for distribution to prospective investors, including clients or prospective clients of a person registered or required to be registered as an investment adviser under this chapter.
(b) Excluded communications. This section does not apply to sales and advertising literature specified in subsection (a) of this section which relates to a federal covered security, a federal covered investment adviser, or a security or transaction exempted by section 30-14-201, 30-14-202 or 30-14-203, Idaho Code, except as required pursuant to section 30-14-201(7), Idaho Code.
History:
[30-14-504, added 2004, ch. 45, sec. 2, p. 209.]
Structure Idaho Code
Chapter 14 - UNIFORM SECURITIES ACT (2004)
Part 5 - FRAUD AND LIABILITIES
Section 30-14-501 - GENERAL FRAUD.
Section 30-14-502 - PROHIBITED CONDUCT IN PROVIDING INVESTMENT ADVICE.
Section 30-14-503 - EVIDENTIARY BURDEN.
Section 30-14-504 - FILING OF SALES AND ADVERTISING LITERATURE.
Section 30-14-505 - MISLEADING FILINGS.
Section 30-14-506 - MISREPRESENTATIONS CONCERNING REGISTRATION OR EXEMPTION.
Section 30-14-507 - QUALIFIED IMMUNITY.
Section 30-14-508 - CRIMINAL PENALTIES.