It is unlawful for any person to offer to sell or sell any security in this state unless it is registered under this article 51; the security or transaction is exempted under section 11-51-307, 11-51-308, 11-51-308.5, or 11-51-309; or the security is a federal covered security for which a notice filing has been made pursuant to section 11-51-304.5.
C.R.S. § 11-51-301
This section is similar to former § 11-51-107(1) as it existed prior to 1990.
For the applicability of this section, see § 11-51-102(1) and (7). For securities exempted from this section, see § 11-51-307.