South Dakota Statutes

§ 47-31B-504 — Filing of sales and advertising literature.

South Dakota § 47-31B-504
JurisdictionSouth Dakota
Title 47CORPORATIONS
Ch. 47-31BUNIFORM SECURITIES ACT OF 2002

This text of South Dakota § 47-31B-504 (Filing of sales and advertising literature.) is published on Counsel Stack Legal Research, covering South Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
S.D. Codified Laws § 47-31B-504 (2026).

Text

(a)Filing requirement. Except as otherwise provided in subsection (b), a rule adopted or order issued under this chapter may require the filing of a prospectus, pamphlet, circular, form letter, advertisement, sales literature, or other advertising record relating to a security or investment advice, addressed or intended for distribution to prospective investors, including clients or prospective clients of a person registered or required to be registered as an investment adviser under this chapter.
(b)Excluded communications. This section does not apply to sales and advertising literature specified in subsection (a) which relates to a federal covered security, a federal covered investment adviser, or a security or transaction exempted by § 47-31B-201 , 47-31B-202 , or 47-31B-203 except as

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Legislative History

SL 2004, ch 278, § 32.

Nearby Sections

15
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Bluebook (online)
South Dakota § 47-31B-504, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/47-31B-504.