Connecticut § 36b-24 (Formerly Sec. 36-493). Findings by commissioner.

Connecticut Statutes

§ 36b-24 — (Formerly Sec. 36-493). Findings by commissioner.

Connecticut·Title 36b Connecticut Securities Law and Business Opportunity Investment Act·Ch. 672a Uniform Securities Act

(a)Neither (1) the fact that an application for registration under sections 36b-6 to 36b-15, inclusive, or a registration statement under sections 36b-16 to 36b-20, inclusive, has been filed, nor (2) the fact that a person or security is effectively registered constitutes a finding by the commissioner that any document filed under sections 36b-2 to 36b-34, inclusive, is true, complete and not misleading. Neither any such fact nor the fact that an exemption or exception is available for security or a transaction means that the commissioner has passed in any way upon the merits or qualifications of, or recommended or given approval to, any person, security or transaction.

(b)No person shall make, or cause to be made, to any prospective purchaser, customer or client any representation incon

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(a) Neither (1) the fact that an application for registration under sections 36b-6 to 36b-15, inclusive, or a registration statement under sections 36b-16 to 36b-20, inclusive, has been filed, nor (2) the fact that a person or security is effectively registered constitutes a finding by the commissioner that any document filed under sections 36b-2 to 36b-34, inclusive, is true, complete and not misleading. Neither any such fact nor the fact that an exemption or exception is available for security or a transaction means that the commissioner has passed in any way upon the merits or qualifications of, or recommended or given approval to, any person, security or transaction. (b) No person shall make, or cause to be made, to any prospective purchaser, customer or client any representation inconsistent with subsection (a) of this section.

Connecticut § 36b-24 ((Formerly Sec. 36-493). Findings by commissioner.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

(P.A. 77-482, S. 25; P.A. 07-217, S. 155; P.A. 10-141, S. 19.) History: Sec. 36-493 transferred to Sec. 36b-24 in 1995; P.A. 07-217 made technical changes in Subsec. (a), effective July 12, 2007; P.A. 10-141 amended Subsec. (a) by replacing reference to Sec. 36b-33 with reference to Sec. 36b-34, effective June 7, 2010.