Montana § 33-3-444 - Exemptions -- Securities Held In An Investment Account -- Primary Or Secondary Market -- Rules
Full text of Montana Montana Code Annotated § 33-3-444 — Exemptions -- Securities Held In An Investment Account -- Primary Or Secondary Market -- Rules, with citation guidance and answers to common questions.
§ 33-3-444. Exemptions -- Securities Held In An Investment Account -- Primary Or Secondary Market -- Rules
Exemptions -- securities held in an investment account -- primary or secondary market -- rules. (1) The provisions of 33-3-442 do not apply to any purchase and sale, or sale and purchase, and the provisions of 33-3-443 do not apply to any sale of an equity security of a domestic stock insurance company not then or later held by a person in an investment account by a broker-dealer in the ordinary course of business and incident to the establishment or maintenance by the broker-dealer of a primary or secondary market, except on an exchange as defined in the Securities Exchange Act of 1934, for the security. (2) The commissioner may, by rules that the commissioner considers necessary or appropriate in the public interest, define and prescribe terms and conditions with respect to securities held in an investment account and transactions made in the ordinary course of business and incident to the establishment or maintenance of a primary or secondary market.
Source: official Montana text · Last verified 2026-08-27
Frequently Asked Questions About Montana § 33-3-444
What does Montana Code Annotated § 33-3-444 cover?
Section 33-3-444 ("Exemptions -- Securities Held In An Investment Account -- Primary Or Secondary Market -- Rules") is part of the Montana Code Annotated, the codified statutory law of Montana. 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 Montana § 33-3-444?
A common citation format is "Montana Code Annotated § 33-3-444" (Montana). 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 Montana law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Montana official source linked on this page or consult a licensed Montana attorney.
How does Montana § 33-3-444 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Montana 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 Montana.