17-4-701.

17-4-701.

17-4-103. References to federal statutes.

As used in this act: "Securities Act of 1933" (15 U.S.C. § 77a et seq.), "Securities Exchange Act of 1934" (15 U.S.C. § 78a et seq.), "Public Utility Holding Company Act of 1935" (15 U.S.C. § 79 et seq.), "Investment Company Act of 1940" (15 U.S.C. § 80a-1 et seq.), "Investment Advisers Act of 1940" (15 U.S.C. § 80b-1 et seq.), "Employee Retirement Income Security Act of 1974" (29 U.S.C. § 1001 et seq.), "National Housing Act" (12 U.S.C. § 1701 et seq.), "Commodity Exchange Act" (7 U.S.C. § 1 et seq.), "Internal Revenue Code" (26 U.S.C. § 1 et seq.), "Securities Investor Protection Act of 1970" (15 U.S.C. § 78aaa et seq.), "Securities Litigation Uniform Standards Act of 1998" (112 Stat. 3227), "Small Business Investment Act of 1958" (15 U.S.C. § 661 et seq.), and "Electronic Signatures in Global and National Commerce Act" (15 U.S.C. § 7001 et seq.) mean those statutes and the rules and regulations adopted under those statutes, as in effect on the date of enactment of this act.

17-4-104. References to federal agencies.

A reference in this act to an agency or department of the United States is also a reference to a successor agency or department.

17-4-105. Electronic records and signatures; applicability.

(a) This act modifies, limits, and supersedes the federal Electronic Signatures in Global and National Commerce Act, but does not modify, limit, or supersede section 101(c) of that act (15 U.S.C. § 7001(c)) or authorize electronic delivery of any of the notices described in section 103(b) of that act (15 U.S.C. § 7003(b)). This act authorizes the filing of records and signatures, when specified by provisions of this act or by a rule adopted or order issued under this act, in a manner consistent with section 104(a) of that act (15 U.S.C. § 7004(a)).

(b) The Financial Technology Sandbox Act shall apply to this act.

17-4-106. Repealed and Recreated by Laws 2016, ch. 22, § 1.

17-4-107. Repealed and Recreated by Laws 2016, ch. 22, § 1.

17-4-108. Repealed and Recreated by Laws 2016, ch. 22, § 1.

17-4-109. Repealed and Recreated by Laws 2016, ch. 22, § 1.

17-4-110. Repealed and Recreated by Laws 2016, ch. 22, § 1.

17-4-111. Repealed and Recreated by Laws 2016, ch. 22, § 1.

17-4-112. Repealed and Recreated by Laws 2016, ch. 22, § 1.

17-4-113. Repealed and Recreated by Laws 2016, ch. 22, § 1.

17-4-114. Repealed and Recreated by Laws 2016, ch. 22, § 1.

17-4-115. Repealed and Recreated by Laws 2016, ch. 22, § 1.

17-4-116. Repealed and Recreated by Laws 2016, ch. 22, § 1.

17-4-117. Repealed and Recreated by Laws 2016, ch. 22, § 1.  17-4-118. Repealed and Recreated by Laws 2016, ch. 22, § 1.

17-4-119. Repealed and Recreated by Laws 2016, ch. 22, § 1.

17-4-120. Repealed and Recreated by Laws 2016, ch. 22, § 1.

17-4-121. Repealed and Recreated by Laws 2016, ch. 22, § 1.

17-4-122. Repealed by Laws 2016, ch. 22, § 3.

17-4-123. Repealed and Recreated by Laws 2016, ch. 22, § 3.

17-4-124. Repealed and Recreated by Laws 2016, ch. 22, § 1.

17-4-125. Repealed and Recreated by Laws 2016, ch. 22, § 1.

17-4-126. Repealed and Recreated by Laws 2016, ch. 22, § 1.

17-4-127. Repealed and Recreated by Laws 2016, ch. 22, § 1.

17-4-128. Repealed and Recreated by Laws 2016, ch. 22, § 1.

17-4-129. Repealed and Recreated by Laws 2016, ch. 22, § 1.

17-4-130. Repealed and Recreated by Laws 2016, ch. 22, § 1.

17-4-131. Repealed and Recreated by Laws 2016, ch. 22, § 1.

17-4-132. Repealed and Recreated by Laws 2016, ch. 22, § 1.

ARTICLE 2 - EXEMPTIONS FROM REGISTRATION OF SECURITIES

17-4-201. Exempt securities.  (a) The following securities are exempt from the requirements of W.S. 17-4-301 through 17-4-306 and 17-4-504:

(i) A security, including a revenue obligation or a separate security as defined in rule 131 (17 C.F.R. 230.131) adopted under the Securities Act of 1933, issued, insured, or guaranteed by the United States; by a state; by a political subdivision of a state; by a public authority, agency, or instrumentality of one (1) or more states; by a political subdivision of one (1) or more states; or by a person controlled or supervised by and acting as an instrumentality of the United States under authority granted by the congress; or a certificate of deposit for any of the foregoing;

(ii) A security issued, insured or guaranteed by a foreign government with which the United States maintains diplomatic relations, or any of its political subdivisions, if the security is recognized as a valid obligation by the issuer, insurer, or guarantor;

(iii) A security issued by and representing or that will represent an interest in or a direct obligation of, or be guaranteed by:

(A) An international banking institution;

(B) A banking institution organized under the laws of the United States; a member bank of the federal reserve system; or a depository institution a substantial portion of the business of which consists or will consist of receiving deposits or share accounts that are insured to the maximum amount authorized by statute by the federal deposit insurance corporation, the national credit union share insurance fund, or a successor authorized by federal law or exercising fiduciary powers that are similar to those permitted for national banks under the authority of the comptroller of currency pursuant to section 1 of Public Law 87-722 (12 U.S.C. § 92a); or

(C) Any other depository institution, unless by rule or order the secretary of state proceeds under W.S.