summary
Introduced
04/16/2025
04/16/2025
In Committee
Crossed Over
Passed
Dead
Introduced Session
126th General Assembly
Bill Summary
Approve Regulations Of The Attorney General, Relating To Securities Exemptions, Designated As Regulation Document Number 5365, Pursuant To The Provisions Of Article 1, Chapter 23, Title 1 Of The South Carolina Code Of Laws.
AI Summary
This joint resolution approves a set of regulations issued by the South Carolina Attorney General concerning securities exemptions, which are designated as Regulation Document Number 5365. The regulations, submitted under Article 1, Chapter 23, Title 1 of the South Carolina Code of Laws, aim to update and amend exemption requirements for certain securities offerings, including those relying on specific state code provisions (Section 35-1-202(2)), advisers to private funds, and merger and acquisition brokers. The proposed regulatory changes were initially announced through a Notice of Drafting published in the State Register on September 27, 2024. The joint resolution will take effect upon receiving approval from the Governor, and it formally validates the Attorney General's proposed regulatory updates to the state's securities registration framework.
Committee Categories
Business and Industry
Sponsors (0)
No sponsors listed
Other Sponsors (1)
Banking and Insurance (Senate)
Last Action
Recommitted to Committee on Banking and Insurance (on 01/14/2026)
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.scstatehouse.gov/billsearch.php?billnumbers=0576&session=126&summary=B |
| BillText | https://www.scstatehouse.gov/sess126_2025-2026/prever/576_20250416.htm |
| BillText | https://www.scstatehouse.gov/sess126_2025-2026/prever/576_20250416A.htm |
Loading...