This page is an unofficial LFoD record and is not legal advice. Verify the document against the official source before relying on it.

HB1111: relative to securities advisory councils and committees.

Bill details

Version history, amendments, and roll-call votes were not present in the imported local bill data.

Sponsors

Topics

Commerce and Consumer Affairs

Official links

HB 1111 - AS INTRODUCED

2016 SESSION

16-2098

08/10

HOUSE BILL 1111

AN ACT relative to securities advisory councils and committees.


ANALYSIS

This bill requires the secretary of state to form an advisory council whenever there is an allegation of fraud regarding the sale or attempted sale of a security.

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Explanation: Matter added to current law appears in bold italics.

Matter removed from current law appears [in brackets and struckthrough.]

Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

16-2098

08/10

STATE OF NEW HAMPSHIRE

In the Year of Our Lord Two Thousand Sixteen

AN ACT relative to securities advisory councils and committees.

Be it Enacted by the Senate and House of Representatives in General Court convened:

1 New Paragraph; Allegations of Fraudulent Sale of Securities; Advisory Council Investigation. Amend RSA 421-B:5-501 by inserting after paragraph (b) the following new paragraph:

(c) The secretary of state shall appoint an advisory council to aid in the enforcement of this chapter when a person complains of fraud committed regarding the sale or attempted sale of a security.

2 Effective Date. This act shall take effect 60 days after its passage.