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RSA 421-B:5-511 · Liability of Issuers, Sellers, and Others Who Facilitate Exchange of Open Blockchain Tokens

Title: XXXVIII: SECURITIES
Chapter: 421-B · UNIFORM SECURITIES ACT
Status: current
Official source linked: Yes

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421-B:5-511 Liability of Issuers, Sellers, and Others Who Facilitate Exchange of Open Blockchain Tokens. – Notwithstanding any other provision of law, an issuer, seller, or a person who facilitates the exchange of an open blockchain token is subject to the provisions of RSA 421-B:5-501 through RSA 421-B:5-503 and RSA 421-B:5-505 through RSA 421-B:5-510 only to the extent necessary to carry out those sections. The secretary of state shall have the authority provided under RSA 421-B:6-601 through RSA 421-B:6-613 to determine compliance with the provisions of this section, including whether a person qualifies for the exemptions set forth in this section. The evidentiary burdens specified in RSA 421-B:5-503 shall apply in any proceeding initiated by the secretary of state pursuant to this subsection. Source. 2022, 281:85, eff. Jan. 1, 2023. ARTICLE 6 Administration and Judicial Review

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Source note

Source. 2022, 281:85, eff. Jan. 1, 2023. ARTICLE 6 Administration and Judicial Review

Source history

2022, 281:85, eff. Jan. 1, 2023. ARTICLE 6 Administration and Judicial Review

Related materials

Bill relationships

2026 HB639 reference
staking solely with that person’s own funds or digital assets and not the funds or digital assets of another, shall not be deemed to be offering or selling a security pursuant to RSA 421-B. V. A digital asset exchange that offers to provide staking as a service to any person shall not be deemed to be offering or selling a security pursuant to RSA 421-B provided that: (a) The digital assets staked
2026 HB639-FN reference
staking solely with that person’s own funds or digital assets and not the funds or digital assets of another, shall not be deemed to be offering or selling a security pursuant to RSA 421-B. V. A digital asset exchange that offers to provide staking as a service to any person shall not be deemed to be offering or selling a security pursuant to RSA 421-B provided that: (a) The digital assets staked