Del. Code tit. 25 § 81-407

Current through 2024 Legislative Session Act Chapter 364

Section 81-407 - Common interest community securities

If an interest in a common interest community is currently registered with the Securities and Exchange Commission of the United States, a declarant satisfies all requirements relating to the preparation of a public offering statement of this chapter if the declarant delivers to the purchaser a copy of the public offering statement filed with the Securities and Exchange Commission. An interest in a common interest community is not a security under Delaware law.

25 Del. C. § 81-407

76 Del. Laws, c. 422, § 2; 77 Del. Laws, c. 91, § 82.;