District of Columbia Statutes

§ 31-5604.04 — Revocation of exemptions.

District of Columbia § 31-5604.04
JurisdictionDistrict of Columbia
Title 31Insurance and Securities.
Ch. 56Securities.
Subch. IVExemption from Registration.

This text of District of Columbia § 31-5604.04 (Revocation of exemptions.) is published on Counsel Stack Legal Research, covering District of Columbia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
D.C. Code § 31-5604.04 (2026).

Text

(a)The Commissioner may, by order, deny or revoke an exemption specified in § 31-5604.01(7) , (8), (10) or (12) or in § 31-5604.02 for any security or transaction.
(b)An order issued under this section shall not be retroactive. A person shall not violate § 31-5603.01 , § 31-5603.07 , or § 31-5604.05 by reason of an offer to sell or sale effected after the entry of an order under this section if the person did not know and, in the exercise of reasonable care could not have known, of the order.

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Legislative History

Oct. 26, 2000, D.C. Law 13-203, § 404, 47 DCR 7837

Nearby Sections

15
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District of Columbia § 31-5604.04, Counsel Stack Legal Research, https://law.counselstack.com/statute/dc/31-5604.04.