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TITLE 7BANKING AND SECURITIES
PART 7STATE SECURITIES BOARD
CHAPTER 125MINIMUM DISCLOSURES IN CHURCH AND NONPROFIT INSTITUTION BOND ISSUES
RULE §125.1Introduction

In order to be fair, just, and equitable to, and not tend to work a fraud upon, purchasers of securities, those offering for sale or selling securities issued by churches and similar nonprofit institutions should comply with the following guidelines for minimum information to be communicated to each prospective investor.


Source Note: The provisions of this §125.1 adopted to be effective January 1, 1976.

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