South Dakota § 47-31B-301 - Securities registration requirement.

Full text of South Dakota South Dakota Codified Laws § 47-31B-301 — Securities registration requirement., with citation guidance and answers to common questions.

§ 47-31B-301. Securities registration requirement.

It is unlawful for a person to offer or sell a security in this state unless:

(1)    The security is a federal covered security;

(2)    The security, transaction, or offer is exempted from registration under §§ 47-31B-201 through 47-31B-203; or

(3)    The security is registered under this chapter.

Source: SL 2004, ch 278, § 10.

Source: official South Dakota text · Last verified 2026-08-27

Frequently Asked Questions About South Dakota § 47-31B-301

What does South Dakota Codified Laws § 47-31B-301 cover?

Section 47-31B-301 ("Securities registration requirement.") is part of the South Dakota Codified Laws, the codified statutory law of South Dakota. 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 South Dakota § 47-31B-301?

A common citation format is "South Dakota Codified Laws § 47-31B-301" (South Dakota). 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 South Dakota law?

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

How does South Dakota § 47-31B-301 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in South Dakota 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 South Dakota.