The 2023 Florida Statutes (including Special Session C)
|
||||||
|
. . . within this state unless the security is exempt under § 517.051, is sold in a transaction exempt under § 517.061 . . .
. . . . § 517.061(ll)(a)(5). Marion H. . . . Ann, § 517.061(ll)(a)(5). Debt- or’s Ex. 118 at iv. Although Mr. . . . Ann. § 517.061(11). . . . Ann. § 517.061(11) and the sale is to five or more persons in Florida (both of which was the case with . . . Ann. § 517.061(11)(a)(5). As the Court found above, Mr. . . .
. . . . § 517.061(ll)(a)(5). . . . Stat. § 517.061(11)(a)(1)-(5). . . . The requirement of § 517.061(ll)(a)(3) was thus satisfied. ii. . . . Section 517.061(11)(a)(5) requires a three-day right of rescission for securities purchasers. . . . As a result, the transaction here complied with § 517.061(ll)(a)(5). . . .
. . . . § 517.061(ll)(a)(5). . . . Stat. § 517.061(ll)(a)(l)-(5). . . . The requirement of § 517.061(ll)(a)(3) was thus satisfied. ii. . . . Section 517.061(ll)(a)(5) requires a three-day right of rescission for securities purchasers. . . . As a result, the transaction here complied with § 517.061(ll)(a)(5). . . .
. . . . § 517.061(ll)(a)(5). Debtor’s Ex. 118 at iv. Although Mr. . . . Ann. § 517.061(11). . . . Ann. § 517.061(11) and the sale is to five or more persons in Florida (both of which was the case with . . . Ann. § 517.061(ll)(a)(5). As the Court found above, Mr. . . .
. . . this state unless the security is exempt under s. 517.051, is sold in a transaction exempt under s. 517.061 . . .
. . . See, e.g., § 517.061(ll)(a)3., Fla. Stat. (2008) (dealing with sale of securities). . . .
. . . dealers, and agents who were not registered in Florida, in violation of Florida Statutes §§ 517.12 and 517.061 . . .
. . . this state unless the security is exempt under s. 517.051, is sold in a transaction exempt under s. 517.061 . . . According to § 517.061, Florida Statutes, a securities transaction is exempt from any registration with . . . Ann. § 517.061(11)(a)(2) (West 2005). . . . In addition, under § 517.061, “[p]rior to the sale [of the issuer’s own securities], each purchaser . . . .
. . . . § 517.061(3). . . . Stat. § 517.061(3). . . .
. . . this state unless the security is exempt under s. 517.051, is sold in a transaction exempt under s. 517.061 . . .
. . . dissent because I am unable to reconcile the majority’s decision with the clear language of section 517.061 . . . I am of the view that section 517.061(ll)(a)5 is such a piece of legislation. . . . Reduced to its essentials, section 517.061(ll)(a)5 says that “any sale ... is voidable by the purchaser . . . the appellees had timely rescinded their purchases of First Street common stock pursuant to section 517.061 . . . under section 727.112(1), Florida Statutes (1997), and that the appellees’ rescission under section 517.061 . . . Rescission under Section 517.061(ll)(a)5 The federal Securities Act of 1933 requires that all securities . . . As the court there explained, the intent of section 517.061(11)(a)5, in part, is to provide purchasers . . . Section 517.061 provides that the registration requirements of section 517.07 do not apply to, among . . .
. . . were deemed to be securities, they were exempt from registration under section 517.051(8) or section 517.061 . . .
. . . Umbel argues that section 517.061(11) renders the partnership agreement legal and enforceable. . . . where there is no commission or compensation for the sale, or the seller is a registered dealer. § 517.061 . . .
. . . security within this state unless the security is exempt under § 517.051, is sold in a transaction under § 517.061 . . .
. . . that the sale of BAOA and Cash 4 Titles securities are not exempt transactions pursuant to section 517.061 . . .
. . . provisions of § 517.051 and including any security sold in a transaction exempted under the provisions of § 517.061 . . .
. . . . §§ 230.501-230.505; § 517.061, Fla.Stat. (1993). . . .
. . . of s. 517.051 and including any security sold in a transaction exempted under the provisions of s. 517.061 . . .
. . . of s. 517.051 and including any security sold in a transaction exempted under the provisions of s. 517.061 . . .
. . . the provisions of § 517.051 or unless sold in any transaction exempt under any of the provisions of § 517.061 . . .
. . . Birnholz v. 44-Wall Street Fund, Inc., 880 F.2d 335 (11th Cir.1989); see § 517.061(19), Fla.Stat. (1978 . . . (the original statute), and § 517.061(19), Fla.Stat. (1979) (the amended statute). . . . App.P: WHETHER AN ISSUER THAT PROPERLY OBTAINED AN EXEMPTION FROM STATE REGISTRATION PURSUANT TO § 517.061 . . . OF SELLING ITS SHARES IN FLORIDA, TO FORWARD THE $750.00 FEE PROVIDED FOR IN THE AMENDED STATUTE, § 517.061 . . . Court: WHETHER AN ISSUER THAT PROPERLY OBTAINED AN EXEMPTION FROM STATE REGISTRATION PURSUANT TO § 517.061 . . .
. . . The Hall Plaintiffs rely for exemption upon Fla.Stat.Ann. § 517.061(11) and claim that theirs was an . . . The second requirement is set forth in § 517.061(ll)(a)2 which states the following condition for exemption . . . construed as “acting on behalf of the issuer”, the Hall Dadeland Partnership, within the meaning of § 517.061 . . . Section 517.061(1 l)(b)(5) excludes accredited investors from the calculation of the number of investors . . . in § 517.061(11 )(a). . . . .
. . . Court: WHETHER AN ISSUER THAT PROPERLY OBTAINED AN EXEMPTION FROM STATE REGISTRATION PURSUANT TO § 517.061 . . . OF SELLING ITS SHARES IN FLORIDA, TO FORWARD THE $750.00 FEE PROVIDED FOR IN THE AMENDED STATUTE, § 517.061 . . . received from the Fund, in addition to a $750.00 filing fee, all of the documents required under § 517.061 . . . statute reveals that to maintain the effectiveness of an exemption from registration under section 517.061 . . . case, the fund paid a $750 filing fee and filed each of the required documents pursuant to section 517.061 . . .
. . . . § 517.061(ll)(a). . . .
. . . defense the Fund asserted that the transactions in question were exempt from registration according to § 517.061 . . . received from the Fund, in addition to a $750.00 filing fee, all of the documents required under § 517.061 . . . Division issued to the Fund a “Notification of Exemption” certifying that the Fund had complied with § 517.061 . . . statute reveals that to maintain the effectiveness of an exemption from registration under section 517.061 . . . The rule provides: (1) Notices of Intention to Sell pursuant to Section 517.061(19), F.S., shall be filed . . .
. . . Relevant to the securities herein was Section 517.061(12), Fla.Stat. (1981), [recodified as Section 517.061 . . . (11)] [hereinafter reference will be to Section 517.061(12) only] which read in relevant part: (a) The . . . that the sale shall be voidable by the purchaser within three days of sale, as required by Section 517.061 . . . Stat. tit. 71 § 401(b)(9)C2 and F.S. (1981) § 517.061(12)(a)(2) [general advertisements]. . . . F.S. (1981) § 517.061 (12)(a)(5). . . .
. . . of § 517.051 and including any security sold in any transaction exempted under the provisions of s. 517.061 . . .
. . . of s. 517.051 and including any security sold in any transaction exempted under the provisions of s. 517.061 . . .
. . . Moreover, at least with respect to the state exemption in section 517.061(1 l)(a), Florida Statutes ( . . .
. . . of s.517.051 and including any security sold in any transaction exempted under the provisions of s.517.061 . . .
. . . of s. 517.051 and including any security sold in any transaction exempted under the provisions of s. 517.061 . . .
. . . The exemption contained in § 517.061(12)(a) applies only if all five specified statutory conditions are . . .
. . . of s. 517.051 and including any security sold in any transaction exempted under the provisions of s. 517.061 . . .
. . . .-051 and including any security sold in any transaction exempted under the provisions of s. 517.061, . . .
. . . See § 517.061, Fla.Stat. (1981). . . .
. . . of s. 517.051 and including any security sold in any transaction exempted under the provisions of s. 517.061 . . .
. . . of s. 517.051 and including any security sold in any transaction exempted under the provisions of s. 517.061 . . .
. . . The issue here is whether the October 27, 1977 agreement was exempt under the provisions of section 517.061 . . . See also section 517.061(3), Florida Statutes (1977). . . .