Regulations of Connecticut State Agencies (Last Updated: June 14,2023) |
Title36b Connecticut Securities Law and Business Opportunity Investment Act |
SubTitle36b-31-1_36b-31-33. Connecticut Uniform Securities Act |
Sec.36b-31-21b-1. Exemption for isolated non-issuer transactions
Latest version.
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In implementing section 36b-21 (b) (1) of the general statutes, "isolated" shall mean not in the course of repeated and successive transactions of like character. Two consecutive sales of securities made within such a period of time and under such circumstances so as to indicate that they involve the same plan of financing are not isolated.
(Effective August 22, 1994; TransferredJuly 3, 1995)