{"data":{"id":"us-tn/tenn.-code-ann.-48-1-126","jurisdiction":"us-tn","citation":"Tenn. Code Ann. § 48-1-126","heading":"Exemptions from notice filing and fee requirements.","body":"Notwithstanding § 48-1-125(a)(1)(A)(i) and (ii), the following covered securities are exempt from the notice filing and fee requirements set forth in § 48-1-125:\n(1) Any covered security sold to an institutional investor, as defined under § 48-1-102;\n(2) Any security that is defined to be a covered security pursuant to § 48-1-102 and is exempt from federal securities registration pursuant to § 3(a)(2) of the Securities Act of 1933;\n(3) Any security that is defined to be a covered security pursuant to § 48-1-102 and is exempt from federal securities registration pursuant to § 3(a)(3) of the Securities Act of 1933;\n(4) Any security that is defined to be a covered security pursuant to § 48-1-102 and is exempt from federal securities registration pursuant to § 3(a)(5) of the Securities Act of 1933;\n(5) Any security that is defined to be a covered security pursuant to § 48-1-102 and is exempt from federal securities registration pursuant to § 3(a)(6) of the Securities Act of 1933;\n(6) Any security that is defined to be a covered security pursuant to § 48-1-102 and is exempt from federal securities registration pursuant to § 3(a)(7) of the Securities Act of 1933;\n(7) Any security that is defined to be a covered security pursuant to § 48-1-102 and is sold in a transaction exempt from federal registration pursuant to § 3(a)(9) of the Securities Act of 1933;\n(8) Any security that is defined to be a covered security pursuant to § 48-1-102 and is sold in a transaction exempt from federal registration pursuant to § 3(a)(10) of the Securities Act of 1933;\n(9) Any security that is defined to be a covered security pursuant to § 48-1-102 and is exempt from federal registration pursuant to § 3(a)(12) of the Securities Act of 1933;\n(10) Any security that is defined to be a covered security pursuant to § 48-1-102 and is exempt from federal registration pursuant to § 3(a)(13) of the Securities Act of 1933;\n(11) Any security that is defined to be a covered security pursuant to § 48-1-102 and is determined, by rule or order of the commissioner, that such notice filing is not necessary for the protection of investors;\n(12) Any security issued by a unit investment trust that is registered under the federal Investment Company Act of 1940 (15 U.S.C. § 80a-1 et seq.), as amended, if:\n(A) The units have been the subject of a previous notice filing and fee under this part and have been sold;\n(B) The units are offered or sold by a broker-dealer registered under this part; and\n(C) The units are sold by or on behalf of a sponsor or depositor of the unit investment trust or affiliate of the sponsor or depositor; and\n(13) Any security that is defined to be a covered security pursuant to § 18(b)(1) of the Securities Act of 1933, or will be such a covered security upon completion of the transaction.","path":["Title 48 Securities, Corporations And Associations","Chapter 1 Securities","Part 1 Tennessee Securities Act of 1980"],"source_url":"https://archive.org/download/gov.tn.tca/release76.2021.05.21/gov.tn.tca.title.48.odt","current_through":"2021-05-21","vintage":"Tennessee Code Release 76 (2021-05), retrieved 2026-09-17","retrieved_at":"2026-09-17T21:56:05Z","sha256":"c40cc6274090735e4b149d27726f34439b4c2aaa701dc99b9d324b3b3c286bed","source_id":"us-tn","stale":true,"prev":"us-tn/tenn.-code-ann.-48-1-125","next":"us-tn/tenn.-code-ann.-48-1-127"},"notice":"GroundRules: Original legal text. Not legal advice."}