Kentucky Statutes 367.813 – Display of registration
Current as of: 2024 | Check for updates
|
Other versions
(1) Prior to the solicitation of potential consumer/investors the offeror shall furnish and display to the potential consumer/investor a copy of the material required to be furnished the division when registering pursuant to KRS § 367.805.
(2) When furnishing the information required by subsection (1) of this section, the offeror shall furnish the prospective consumer/investor with a notice in at least ten (10) point bold-face type, stating that registration with the division does not directly or indirectly imply approval by the division or the Commonwealth of Kentucky of the business opportunity or any of the activities of representatives selling such business opportunities.
Effective: July 15, 1994.
History: Amended 1994 Ky. Acts ch. 165, sec. 28, effective July 15, 1994. — Created
1978 Ky. Acts ch. 315, sec. 7, effective June 17, 1978.
Legislative Research Commission Note (7/15/94). 1994 Ky. Acts chs. 165 and 329 are in conflict in where responsibility for regulation of sale of business opportunities is placed, and ch. 329 has prevailed as the last enactment under KRS § 446.250. Because of this, a change from “division” to “department” in this statute under ch. 165 has not been codified. See KRS § 7.136(2).
(2) When furnishing the information required by subsection (1) of this section, the offeror shall furnish the prospective consumer/investor with a notice in at least ten (10) point bold-face type, stating that registration with the division does not directly or indirectly imply approval by the division or the Commonwealth of Kentucky of the business opportunity or any of the activities of representatives selling such business opportunities.
Terms Used In Kentucky Statutes 367.813
- Statute: A law passed by a legislature.
Effective: July 15, 1994.
History: Amended 1994 Ky. Acts ch. 165, sec. 28, effective July 15, 1994. — Created
1978 Ky. Acts ch. 315, sec. 7, effective June 17, 1978.
Legislative Research Commission Note (7/15/94). 1994 Ky. Acts chs. 165 and 329 are in conflict in where responsibility for regulation of sale of business opportunities is placed, and ch. 329 has prevailed as the last enactment under KRS § 446.250. Because of this, a change from “division” to “department” in this statute under ch. 165 has not been codified. See KRS § 7.136(2).