§ 26-25-102 — "Equity security" defined

(a) As used in this chapter "equity security" means:
(i) Any stock or similar security;
(ii) Any security convertible, with or without
consideration, into stock or a similar security, or carrying any
warrant or right to subscribe to or purchase such a security;
(iii) Any warrant or right to subscribe to or
purchase stock or a similar security; or
(iv) Any other security which the commissioner deems
to be of similar nature and considers necessary or appropriate
to treat as an equity security, by rules and regulations he
prescribes, in the public interest or for the protection of
investors.