Administrative Rules of Montana
Department 6 - STATE AUDITOR
Chapter 6.12 - SECURITIES DEPARTMENT
Subchapter 6.12.12 - Living Trusts
Rule 6.12.1206 - INTERNET
Universal Citation: MT Admin Rules 6.12.1206
Current through Register Vol. 24, December 20, 2024
(1) An offer of sale of living trusts made through the internet or similar proprietary or common carrier electronic system is exempt from 30-10-901 through 30-10-915, MCA, if the following conditions are met:
(a) the offer indicates
that the offer is not being made to residents of Montana;
(b) the offer is not specifically directed to
any person in Montana; and
(c) no
sale of a living trust is made in Montana as a result of the offer until the
person making the offer is licensed under
30-10-901 through
30-10-915, MCA.
Sec. 30-10-905, MCA; IMP, Sec. 30-10-906, MCA;
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