reglab/housing_qa huggingface dataset:
IN Code § 23-19-1-0.2 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 19. Indiana Uniform Securities Act|Chapter 1. General Provisions|23-19-1-0.2. Application of Predecessor Act

Sec. 0.2. (a) The predecessor act exclusively governs all actions or proceedings that are pending on June 30, 2008, or may be instituted on the basis of conduct occurring before July 1, 2008, but a civil action may not be maintained to enforce any liability under the predecessor act unless instituted within any period of limitation that applied when the cause of action accrued or within five (5) years after June 30, 2008, whichever is earlier.(b) All effective registrations under the predecessor act and all administrative orders relating to the registrations, rules, statements of policy, interpretive opinions, declaratory rulings, no-action determinations, and conditions imposed on the registrations under the predecessor act remain in effect while they would have remained in effect if this article had not been enacted, and are considered to have been filed, issued, or imposed under this article, but are exclusively governed by the predecessor act.(c) The predecessor act exclusively applies to an offer or sale made within one (1) year after June 30, 2008, under an offering made in good faith before July 1, 2008, on the basis of an exemption available under the predecessor act.As added by P.L.220-2011, SEC.384. Amended by P.L.152-2020, SEC.7.
IN Code § 23-19-1-1 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 19. Indiana Uniform Securities Act|Chapter 1. General Provisions|23-19-1-1. Short Title

Sec. 1. This article may be cited as the Indiana Uniform Securities Act.As added by P.L.27-2007, SEC.23.
IN Code § 23-19-1-3 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 19. Indiana Uniform Securities Act|Chapter 1. General Provisions|23-19-1-3. Federal Statutes

Sec. 3. As used in this article:(1) "Securities Act of 1933" (15 U.S.C. 77a et seq.);(2) "Securities Exchange Act of 1934" (15 U.S.C. 78a et seq.);(3) "Public Utility Holding Company Act of 1935" (15 U.S.C. 79 et seq.);(4) "Investment Company Act of 1940" (15 U.S.C. 80a-1 et seq.);(5) "Investment Advisers Act of 1940" (15 U.S.C. 80b-1 et seq.);(6) "Employee Retirement Income Security Act of 1974" (29 U.S.C. 1001 et seq.);(7) "National Housing Act" (12 U.S.C. 1701 et seq.);(8) "Commodity Exchange Act" (7 U.S.C. 1 et seq.);(9) "Internal Revenue Code" (26 U.S.C. 1 et seq.);(10) "Securities Investor Protection Act of 1970" (15 U.S.C. 78aaa et seq.);(11) "Securities Litigation Uniform Standards Act of 1998" (112 Stat. 3227);(12) "Small Business Investment Act of 1958" (15 U.S.C. 661 et seq.); and(13) "Electronic Signatures in Global and National Commerce Act" (15 U.S.C. 7001 et seq.);mean those statutes, and the rules and regulations adopted under those statutes, as in effect on July 1, 2008.As added by P.L.27-2007, SEC.23. Amended by P.L.3-2008, SEC.171; P.L.7-2015, SEC.48.
IN Code § 23-19-1-4 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 19. Indiana Uniform Securities Act|Chapter 1. General Provisions|23-19-1-4. Construction in Relation to Corporation

Sec. 4. Nothing in this article shall be construed to relieve corporations from making reports required by law to be made to the secretary of state or any other state officer, or paying the fees to be paid by corporations. This article shall not be construed to repeal any law regulating the organization of corporations in this state, or the admission of any foreign corporation, but the provisions of this article shall be construed to be additional to any provisions regulating the organization of a corporation under the laws of this state, or the admission of a foreign corporation to do business in this state.As added by P.L.27-2007, SEC.23.
IN Code § 23-19-1-5 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 19. Indiana Uniform Securities Act|Chapter 1. General Provisions|23-19-1-5. Official Comments Incorporated

Sec. 5. Official comments adopted and published by the:(1) secretary of state Indiana uniform securities act advisory committee; and(2) National Conference of Commissioners on Uniform State Laws to the extent the comments are not inconsistent with the comments adopted by the committee under subdivision (1);may be consulted by the courts to determine the underlying reasons, purposes, and policies of this article and may be used as a guide in this article's construction and application.As added by P.L.27-2007, SEC.23.
IN Code § 23-19-2-2.3 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 19. Indiana Uniform Securities Act|Chapter 2. Exemptions From Registration of Securities|23-19-2-2.3. Internet Web Site Operators

Sec. 2.3. (a) This section applies to an offering under section 2(27)(O) of this chapter that is made exclusively through one (1) or more Internet web sites and each Internet web site.(b) As required by section 2(27)(O)(ii) of this chapter, the Internet web site operator shall register with the division by filing a statement, accompanied by the filing fee established by the commissioner, that includes all the following:(1) That the Internet web site operator is a business entity organized under the laws of Indiana and authorized to do business in Indiana.(2) That the Internet web site is being used to offer and sell securities pursuant to the exemption under section 2(27) of this chapter.(3) The identity and location of, and contact information for, the Internet web site operator.(4) Except as provided in subsection (c), that the Internet web site operator is registered as a broker-dealer under IC 23-19-4.(c) The Internet web site operator is not required to register as a broker-dealer if all the following apply with respect to the Internet web site and its operator:(1) It does not offer investment advice or recommendations.(2) It does not solicit purchases, sales, or offers to buy the securities offered or displayed on the Internet web site.(3) It does not compensate employees, agents, or other persons for the solicitation or based on the sale of securities displayed or referenced on the Internet web site.(4) It is not compensated based on the amount of securities sold, and it does not hold, manage, possess, or otherwise handle investor funds or securities.(5) The fee it charges an issuer for an offering of securities on the Internet web site is a fixed amount for each offering, a variable amount based on the length of time that the securities are offered on the Internet web site, or a combination of the fixed and variable amounts.(6) It does not identify, promote, or otherwise refer to any individual security offered on the Internet web site in any advertising for the Internet web site.(7) It does not engage in any other activities that the division, by rule, determines are prohibited of the Internet web site.(8) Neither the Internet web site operator, nor any director, executive officer, general partner, managing member, or other person with management authority over the Internet web site operator, has been subject to any conviction, order, judgment, decree, or other action specified in Rule 506(d)(1) adopted under the Securities Act of 1933 (17 CFR 230.506(d)(1)) that would disqualify an issuer under Rule 506(d) adopted under the Securities Act of 1933 (17 CFR 230.506(d)) from claiming an exemption specified in Rule 506(a) to Rule 506(c) adopted under the Securities Act of 1933 (17 CFR 230.506(a) to 17 CFR 230.506(c)).As added by P.L.106-2014, SEC.4.
IN Code § 23-19-2-3 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 19. Indiana Uniform Securities Act|Chapter 2. Exemptions From Registration of Securities|23-19-2-3. Additional Exemptions; Waivers

Sec. 3. A rule adopted or order issued under this article may exempt a security, transaction, or offer; a rule under this article may exempt a class of securities, transactions, or offers from any or all of the requirements of IC 23-19-3-1 through IC 23-19-3-6 and IC 23-19-5-4; and an order under this article may waive, in whole or in part, any or all of the conditions for an exemption or offer under sections 1 and 2 of this chapter.As added by P.L.27-2007, SEC.23.
IN Code § 23-19-2-4 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 19. Indiana Uniform Securities Act|Chapter 2. Exemptions From Registration of Securities|23-19-2-4. Denial, Suspension, Revocation, Condition, or Limitation of Exemptions; Knowledge of Order

Sec. 4. (a) Except with respect to a federal covered security or a transaction involving a federal covered security, an order under this article may deny, suspend application of, condition, limit, or revoke an exemption created under section 1(3)(C), (1)(7), 1(8), or 2 of this chapter or an exemption or waiver created under section 3 of this chapter with respect to a specific security, transaction, or offer. An order under this section may be issued only under the procedures in IC 23-19-3-6(d) or IC 23-19-6-4 and only prospectively.(b) A person does not violate IC 23-19-3-1, IC 23-19-3-3 through IC 23-19-3-6, IC 23-19-5-4, or IC 23-19-5-10 by an offer to sell, offer to purchase, sale, or purchase effected after the entry of an order issued under this section if the person did not know, and in the exercise of reasonable care could not have known, of the order.As added by P.L.27-2007, SEC.23.
IN Code § 23-19-2-5 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 19. Indiana Uniform Securities Act|Chapter 2. Exemptions From Registration of Securities|23-19-2-5. Emergency Rules

Sec. 5. The commissioner may adopt emergency rules in the manner provided under IC 4-22-2-37.1 to implement this chapter.As added by P.L.106-2014, SEC.5.
IN Code § 23-19-3-1 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 19. Indiana Uniform Securities Act|Chapter 3. Registration of Securities and Notice Filing of Federal Covered Securities|23-19-3-1. Unlawful Acts

Sec. 1. It is unlawful for a person to offer or sell a security in this state unless:(1) the security is a federal covered security;(2) the security, transaction, or offer is exempted from registration under IC 23-19-2-1 through IC 23-19-2-3; or(3) the security is registered under this article.As added by P.L.27-2007, SEC.23.
IN Code § 23-19-3-2 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 19. Indiana Uniform Securities Act|Chapter 3. Registration of Securities and Notice Filing of Federal Covered Securities|23-19-3-2. Registration of Securities and Notice Filing of Federal Covered Securities—federal Covered Securities; Filing and Fee Requirements; Renewal of Notice; Failure to Comply With Notice or Fee Requirement; Stop Order

Sec. 2. (a) With respect to a federal covered security, as defined in Section 18(b)(2) of the Securities Act of 1933 (15 U.S.C. 77r(b)(2)), that is not otherwise exempt under IC 23-19-2-1 through IC 23-19-2-3, a rule adopted or order issued under this article may require the filing of any or all of the following records:(1) Before the initial offer of a federal covered security in this state, all records that are part of a federal registration statement filed with the Securities and Exchange Commission under the Securities Act of 1933 and a consent to service of process complying with IC 23-19-6-11 signed by the issuer and the payment of a fee as set forth in subsection (c).(2) After the initial offer of the federal covered security in this state, all records that are part of an amendment to a federal registration statement filed with the Securities and Exchange Commission, under the Securities Act of 1933.(b) A notice filing under subsection (a) is effective for one (1) year commencing on the later of the notice filing or the effectiveness of the offering filed with the Securities and Exchange Commission. On or before expiration, the issuer may renew a notice filing by filing a copy of those records filed by the issuer with the Securities and Exchange Commission that are required by rule or order under this article to be filed and by paying a renewal fee as set forth in subsection (c). A previously filed consent to service of process complying with IC 23-19-6-11 may be incorporated by reference in a renewal. A renewed notice filing becomes effective upon the expiration of the filing being renewed.(c) At the time of the filing of the information prescribed in subsection (a) or (b), the issuer shall pay to the commissioner a fee of nine hundred dollars ($900). If the notice filing is withdrawn or otherwise terminated, the commissioner shall retain the fee.(d) Except for a federal security under Section 18(b)(1) of the Securities Act of 1933 (15 U.S.C. 77r(b)(1)), if the commissioner finds that there is a failure to comply with a notice or fee requirement of this section, the commissioner may issue a stop order suspending the offer and sale of a federal covered security in this state. If the deficiency is corrected, the stop order is void as of the time of its issuance and no penalty may be imposed by the commissioner.As added by P.L.27-2007, SEC.23. Amended by P.L.158-2017, SEC.3; P.L.86-2018, SEC.194; P.L.32-2018, SEC.2.
IN Code § 23-19-3-7 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 19. Indiana Uniform Securities Act|Chapter 3. Registration of Securities and Notice Filing of Federal Covered Securities|23-19-3-7. Waiver or Modification of Requirements

Sec. 7. The commissioner may waive or modify, in whole or in part, any or all of the requirements of sections 2, 3, and 4(b) of this chapter or the requirement of any information or record in a registration statement or in a periodic report filed under section 5(i) of this chapter.As added by P.L.27-2007, SEC.23.
IN Code § 23-19-4-3 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 19. Indiana Uniform Securities Act|Chapter 4. Broker-Dealers, Agents, Investment Advisers, Investment Adviser Representatives, and Federal Covered Investment Advisers|23-19-4-3. Investment Adviser Registration; Exemptions; Restrictions on Employment or Association

Sec. 3. (a) It is unlawful for a person to transact business in this state as an investment adviser unless the person is registered under this article as an investment adviser or is exempt from registration as an investment adviser under subsection (b).(b) The following persons are exempt from the registration requirement of subsection (a):(1) A person without a place of business in this state that is registered under the securities act of the state in which the person has its principal place of business if its only clients in this state are:(A) federal covered investment advisers, investment advisers registered under this article, or broker-dealers registered under this article;(B) institutional investors;(C) bona fide preexisting clients whose principal places of residence are not in this state if the investment adviser is registered under the securities act of the state in which the clients maintain principal places of residence; or(D) any other client exempted by rule adopted or order issued under this article.(2) A person without a place of business in this state if the person has had, during the preceding twelve (12) months, not more than five (5) clients that are resident in this state in addition to those specified under subdivision (1).(3) Any other person exempted by rule adopted or order issued under this article.(c) It is unlawful for an investment adviser, directly or indirectly, to employ or associate with an individual to engage in an activity related to investment advice in this state if the registration of the individual is suspended or revoked or the individual is barred from employment or association with an investment adviser, federal covered investment adviser, or broker-dealer by an order under this article, the Securities and Exchange Commission, or a self-regulatory organization, unless the investment adviser did not know, and in the exercise of reasonable care could not have known, of the suspension, revocation, or bar. Upon request from the investment adviser and for good cause, the commissioner, by order, may waive, in whole or in part, the application of the prohibitions of this subsection to the investment adviser.(d) It is unlawful for an investment adviser to employ or associate with an individual required to be registered under this article as an investment adviser representative who transacts business in this state on behalf of the investment adviser unless the individual is registered under section 4(a) of this chapter or is exempt from registration under section 4(b) of this chapter.As added by P.L.27-2007, SEC.23.
IN Code § 23-19-4-5 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 19. Indiana Uniform Securities Act|Chapter 4. Broker-Dealers, Agents, Investment Advisers, Investment Adviser Representatives, and Federal Covered Investment Advisers|23-19-4-5. Federal Covered Investment Adviser Requirements; Exemptions; Filing

Sec. 5. (a) Except with respect to a federal covered investment adviser described in subsection (b), 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 (c).(b) The following federal covered investment advisers are not required to comply with subsection (c):(1) A federal covered investment adviser without a place of business in this state if its only clients in this state are:(A) federal covered investment advisers, investment advisers registered under this article, and broker-dealers registered under this article;(B) institutional investors;(C) bona fide preexisting clients whose principal places of residence are not in this state; or(D) other clients specified by rule adopted or order issued under this article.(2) A federal covered investment adviser without a place of business in this state if the person has had, during the preceding twelve (12) months, not more than five (5) clients that are resident in this state in addition to those specified under subdivision (1).(3) Any other person excluded by rule adopted or order issued under this article.(c) A person acting as a federal covered investment adviser, not excluded under subsection (b), shall file a notice, a consent to service of process complying with IC 23-19-6-11, and such records as have been filed with the Securities and Exchange Commission under the Investment Advisers Act of 1940 required by rule adopted or order issued under this article and pay the fees specified in section 10(e) of this chapter.(d) The notice under subsection (c) becomes effective upon its filing.As added by P.L.27-2007, SEC.23.
IN Code § 23-19-4-7 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 19. Indiana Uniform Securities Act|Chapter 4. Broker-Dealers, Agents, Investment Advisers, Investment Adviser Representatives, and Federal Covered Investment Advisers|23-19-4-7. Succession; Organization Change; Name Change; Change of Control

Sec. 7. (a) A broker-dealer or investment adviser may succeed to the current registration of another broker-dealer or investment adviser or a notice filing of a federal covered investment adviser, and a federal covered investment adviser may succeed to the current registration of an investment adviser or notice filing of another federal covered investment adviser, by filing as a successor an application for registration under section 1 or 3 of this chapter or a notice under section 5 of this chapter for the unexpired portion of the current registration or notice filing.(b) A broker-dealer or investment adviser that changes its form of organization or state of incorporation or organization may continue its registration by filing an amendment to its registration if the change does not involve a material change in its financial condition or management. The amendment becomes effective when filed or on a date designated by the registrant in its filing. The new organization is a successor to the original registrant for the purposes of this article. If there is a material change in financial condition or management, the broker-dealer or investment adviser shall file a new application for registration. A predecessor registered under this article shall stop conducting its securities business other than winding down transactions and shall file for withdrawal of broker-dealer or investment adviser registration within forty-five (45) days after filing its amendment to effect succession.(c) A broker-dealer or investment adviser that changes its name may continue its registration by filing an amendment to its registration. The amendment becomes effective when filed or on a date designated by the registrant.(d) A change of control of a broker-dealer or investment adviser may be made in accordance with a rule adopted or order issued under this article.As added by P.L.27-2007, SEC.23.
IN Code § 23-19-4-9 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 19. Indiana Uniform Securities Act|Chapter 4. Broker-Dealers, Agents, Investment Advisers, Investment Adviser Representatives, and Federal Covered Investment Advisers|23-19-4-9. Withdrawal of Registration

Sec. 9. Withdrawal of registration by a broker-dealer, agent, investment adviser, or investment adviser representative becomes effective sixty (60) days after the filing of the application to withdraw or within any shorter period as provided by rule adopted or order issued under this article unless a revocation or suspension proceeding is pending when the application is filed. If a proceeding is pending, withdrawal becomes effective when and upon such conditions as required by rule adopted or order issued under this article. The commissioner may institute a revocation or suspension proceeding under section 12 of this chapter within one (1) year after the withdrawal became effective automatically and issue a revocation or suspension order as of the last date on which registration was effective if a proceeding is not pending.As added by P.L.27-2007, SEC.23.