Offer or sale without knowledge of order revoking or denying exemption.

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37-25A-6. Offer or sale without knowledge of order revoking or denying exemption.

No person is considered to have violated §37-25A-7 by reason of any offer or sale effected after the entry of an order under §37-25A-5 if he establishes that he did not know and, in the exercise of reasonable care, could not have known, of the order.

Source: SL 1985, ch 305, §6.


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