{"data":{"id":"us-mt/30-10-202","jurisdiction":"us-mt","citation":"30-10-202","heading":"Registration of securities.","body":"It is unlawful for any person to offer or sell any security in this state, except securities exempt under 30-10-104 or when sold in transactions exempt under 30-10-105, unless:\n(1) the security is registered by notification, coordination, or qualification under parts 1 through 3 of this chapter; or\n(2) for a federal covered security, the security has been filed with the commissioner pursuant to 30-10-211 and the fee prescribed in 30-10-209 has been paid.","path":["TITLE 30. TRADE AND COMMERCE","CHAPTER 10. SECURITIES REGULATION","Part 2. Registration"],"source_url":"https://mca.legmt.gov/bills/mca/title_0300/chapter_0100/part_0020/section_0020/0300-0100-0020-0020.html","current_through":"Montana Code Annotated 2025","vintage":"","retrieved_at":"2026-09-14T04:51:19Z","sha256":"73d3cef12709132dc46a2fed90fc5aba9bf8d20e4ec5dd0d7319a46d9f8701f3","source_id":"us-mt","stale":false,"prev":"us-mt/30-10-201","next":"us-mt/30-10-203"},"notice":"GroundRules: Original legal text. Not legal advice."}