Minnesota Statutes
Chapters 80 - 80A — Securities

Chapter 80A — Regulation Of Securities

Section 80A.40 — Section 101; Short Title. - This chapter may be cited as the "Minnesota Securities Act."...

Section 80A.41 — Section 102; Definitions. - In this chapter, unless the context otherwise requires: (1) "Accredited...

Section 80A.42 — Section 103; References To Federal Statutes. - "Securities Act of 1933" (15 U.S.C. Section 77a et seq.),...

Section 80A.43 — Section 104; References To Federal Agencies. - A reference in this chapter to an agency or department...

Section 80A.44 — Section 105; Electronic Records And Signatures. - This chapter modifies, limits, and supersedes the federal Electronic Signatures...

Section 80A.45 — Section 201; Exempt Securities. - The following securities are exempt from the requirements of sections...

Section 80A.46 — Section 202; Exempt Transactions. - The following transactions are exempt from the requirements of sections...

Section 80A.461 — Mnvest Registration Exemption. - Subdivision 1. Definitions. (a) For purposes of this section, the...

Section 80A.47 — Section 203; Additional Exemptions And Waivers. - A rule adopted or order issued under this chapter may...

Section 80A.48 — Section 204; Denial, Suspension, Revocation, Condition, Or Limitation Of Exemptions. - (a) Enforcement related powers. Except with respect to a federal...

Section 80A.49 — Section 301; Securities Registration Requirement. - It is unlawful for a person to offer or sell...

Section 80A.50 — Section 302; Federal Covered Securities; Small Corporate Offering Registration. - (a) Federal covered securities. (1) Required filing of records. With...

Section 80A.51 — Section 303; Securities Registration By Coordination. - (a) Registration permitted. A security for which a registration statement...

Section 80A.52 — Section 304; Securities Registration By Qualification. - (a) Registration permitted. A security may be registered by qualification...

Section 80A.53 — Section 305; Securities Registration Filings. - (a) Who may file. A registration statement may be filed...

Section 80A.54 — Section 306; Denial, Suspension, And Revocation Of Securities Registration. - (a) Stop orders. The administrator may issue a stop order...

Section 80A.55 — Section 307; Waiver And Modification. - The administrator may waive or modify, in whole or in...

Section 80A.56 — Section 401; Broker-dealer Registration Requirement And Exemptions. - (a) Registration requirement. It is unlawful for a person to...

Section 80A.57 — Section 402; Agent Registration Requirement And Exemptions. - (a) Registration requirement. It is unlawful for an individual to...

Section 80A.58 — Section 403; Investment Adviser Registration Requirement And Exemptions. - (a) Registration requirement. It is unlawful for a person to...

Section 80A.60 — Section 405; Federal Covered Investment Adviser Notice Filing Requirement. - (a) Notice filing requirement. Except with respect to a federal...

Section 80A.61 — Section 406; Registration By Broker-dealer, Agent, Funding Portal, Investment Adviser, And Investment Adviser Representative. - (a) Application for initial registration by broker-dealer, agent, investment adviser,...

Section 80A.62 — Section 407; Succession And Change In Registration Of Broker-dealer Or Investment Adviser. - (a) Succession. A broker-dealer or investment adviser may succeed to...

Section 80A.63 — Section 408; Termination Of Employment Or Association Of Agent And Transfer Of Employment Or Association. - (a) Notice of termination. If an agent registered under this...

Section 80A.64 — Section 409; Withdrawal Of Registration Of Broker-dealer, Agent, And Investment Adviser. - Withdrawal of registration by a broker-dealer, agent, or investment adviser...

Section 80A.65 — Section 410; Fees And Expenses. - Subdivision 1. Registration or notice filing fee. (a) There shall...

Section 80A.66 — Section 411; Postregistration Requirements. - (a) Financial requirements. Subject to Section 15(h) of the Securities...

Section 80A.67 — Section 412; Denial, Revocation, Suspension, Withdrawal, Restriction, Condition, Or Limitation Of Registration. - (a) Disciplinary conditions-applicants. If the administrator finds that the order...

Section 80A.68 — Section 501; General Fraud. - It is unlawful for a person, in connection with the...

Section 80A.69 — Section 502; Prohibited Conduct In Providing Investment Advice. - (a) Fraud in providing investment advice. It is unlawful for...

Section 80A.70 — Section 503; Evidentiary Burden. - (a) Civil. In a civil action or administrative proceeding under...

Section 80A.71 — Section 504; Filing Of Sales And Advertising Literature. - (a) Filing requirement. Except as otherwise provided in subsection (b),...

Section 80A.72 — Section 505; Misleading Filings. - It is unlawful for a person to make or cause...

Section 80A.73 — Section 506; Misrepresentations Concerning Registration Or Exemption. - The filing of an application for registration, a registration statement,...

Section 80A.74 — Section 507; Qualified Immunity. - A broker-dealer, agent, investment adviser, federal covered investment adviser, or...

Section 80A.75 — Section 508; Criminal Penalties. - (a) Criminal penalties. A person that willfully violates this chapter,...

Section 80A.76 — Section 509; Civil Liability. - (a) Securities Litigation Uniform Standards Act. Enforcement of civil liability...

Section 80A.77 — Section 510; Rescission Offers. - A purchaser, seller, or recipient of investment advice may not...

Section 80A.78 — Section 601; Administration. - (a) Administration. The administrator shall administer this chapter. (b) Unlawful...

Section 80A.79 — Section 602; Investigations And Subpoenas. - (a) Authority to investigate. The administrator may: (1) conduct public...

Section 80A.80 — Section 603; Civil Enforcement. - (a) Civil action instituted by administrator. If the administrator believes...

Section 80A.81 — Section 604; Administrative Enforcement. - (a) Issuance of an order or notice. If the administrator...

Section 80A.82 — Section 605; Rules, Forms, Orders, Interpretative Opinions, And Hearings. - (a) Issuance and adoption of forms, orders, and rules. The...

Section 80A.83 — Section 606; Administrative Files And Opinions. - (a) Public register of filings. The administrator shall maintain, or...

Section 80A.84 — Section 607; Public Records; Confidentiality. - (a) Presumption of public records. Except as otherwise provided in...

Section 80A.85 — Section 608; Uniformity And Cooperation With Other Agencies. - (a) Objective of uniformity. The administrator shall, in its discretion,...

Section 80A.86 — Section 609; Judicial Review. - (a) Judicial review of orders. A final order issued by...

Section 80A.87 — Section 610; Jurisdiction. - (a) Sales and offers to sell. Sections 80A.49, 80A.50, 80A.56(a),...

Section 80A.88 — Section 611; Service Of Process. - (a) Signed consent to service of process. A consent to...

Section 80A.89 — Section 612; Severability Clause. - If any provision of this chapter or its application to...

Section 80A.90 — Section 703; Application Of Act To Existing Proceeding And Existing Rights And Duties. - (a) Applicability of predecessor act to pending proceedings and existing...

Section 80A.91 — Agent Errors And Omissions Insurance; Choice Of Source. - A broker-dealer shall not require an agent to maintain insurance...