Connecticut § 33-242 - Securities act exemption.

Full text of Connecticut Connecticut General Statutes § 33-242 — Securities act exemption., with citation guidance and answers to common questions.

§ 33-242. Securities act exemption.

Sec. 33-242. Securities act exemption. The provisions of chapter 651 shall not apply to any note, bond or other evidence of indebtedness issued by any cooperative doing business in this state pursuant to this chapter, to the United States of America or any agency or instrumentality thereof, or to any mortgage, deed of trust or other instrument executed to secure the same. The provisions of said chapter shall not apply to the issuance of membership certificates by any cooperative.

(1949 Rev., S. 5351.)

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Frequently Asked Questions About Connecticut § 33-242

What does Connecticut General Statutes § 33-242 cover?

Section 33-242 ("Securities act exemption.") is part of the Connecticut General Statutes, the codified statutory law of Connecticut. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Connecticut § 33-242?

A common citation format is "Connecticut General Statutes § 33-242" (Connecticut). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Connecticut law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Connecticut official source linked on this page or consult a licensed Connecticut attorney.

How does Connecticut § 33-242 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Connecticut can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Connecticut.