21.20.140 - Unlawful to offer or sell unregistered securities -- Exceptions. - Washington Statutes

Unlawful to offer or sell unregistered securities — Exceptions.

It is unlawful for any person to offer or sell any security in this state unless: (1) The security is registered by coordination or qualification under this chapter; (2) the security or transaction is exempted under RCW 21.20.310 or 21.20.320; or (3) the security is a federal covered security, and, if required, the filing is made and a fee is paid in accordance with RCW 21.20.327.

[1998 c 15 § 11; 1975 1st ex.s. c 84 § 10; 1959 c 282 § 14.]