HRS §485A-203
Exemptions and waivers for securities and offers
This section lets the state's securities regulator create rules or orders that exempt certain securities, transactions, or offers from some legal requirements. It also allows the regulator to waive conditions for exemptions or offers. This is a procedural rule about how exemptions can be granted.
businessesstate agencies
The statute, as written — Additional exemptions and waivers
A rule adopted or order issued under this chapter may exempt a security, transaction, or offer; a rule under this chapter may exempt a class of securities, transactions, or offers from any or all of the requirements of sections 485A-301 to 485A-305 and 485A-504; and an order under this chapter may waive, in whole or in part, any or all of the conditions for an exemption or offer under sections 485A-201 and 485A-202.
Sections this one refers to
§485A-201 Which securities are exempt from registration requirements
§485A-301 When a security must be registered before being sold
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