Sec.36b-31-21b-1. Exemption for isolated non-issuer transactions  


Latest version.
  • 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)