Maine § 32 §16405 Federal covered investment adviser notice filing requirement

Maine Statutes

§ 32 §16405 — Federal covered investment adviser notice filing requirement

Maine § 32 §16405

Title 32PROFESSIONS AND OCCUPATIONS

Ch. 135MAINE UNIFORM SECURITIES ACT

This text of Maine § 32 §16405 (Federal covered investment adviser notice filing requirement) is published on Counsel Stack Legal Research, covering Maine primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Me. Rev. Stat. tit. 32, § 32 §16405 (2026).

Text

1.Notice filing requirement. Except with respect to a federal covered investment adviser described in subsection 2, it is unlawful for a federal covered investment adviser to transact business in this State as a federal covered investment adviser unless the federal covered investment adviser complies with subsection 3.

2.Notice filing requirement not required. The following federal covered investment advisers are not required to comply with subsection 3:

3.Notice filing procedure. A person acting as a federal covered investment adviser that is not excluded under subsection 2 shall file a notice, a consent to service of process complying with section 16611, and such records as have been filed with the Securities and Exchange Commission under the federal Investment Advisers Act of 1940 an

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1.
Notice filing requirement.
Except with respect to a federal covered investment adviser described in subsection 2, it is unlawful for a federal covered investment adviser to transact business in this State as a federal covered investment adviser unless the federal covered investment adviser complies with subsection 3.
2.
Notice filing requirement not required.
The following federal covered investment advisers are not required to comply with subsection 3:
3.
Notice filing procedure.
A person acting as a federal covered investment adviser that is not excluded under subsection 2 shall file a notice, a consent to service of process complying with section 16611, and such records as have been filed with the Securities and Exchange Commission under the federal Investment Advisers Act of 1940 and pay the fees specified in section 16410, subsection 1, paragraph E.
4.
Effectiveness of filing.
The notice under subsection 3 becomes effective upon its filing.
5.
Rulemaking.
Rules adopted pursuant to this section are routine technical rules as defined in Title 5, chapter 375, subchapter 2‑A.