Pennsylvania Code
Title 10 - BANKING AND SECURITIES
Part VII - Securities
Subpart E - Enforcement
Chapter 513 - RESCISSION ORDERS
Section 513.010 - Rescission orders

Universal Citation: 10 PA Code ยง 513.010
Current through Register Vol. 54, No. 12, March 23, 2024

When the Department, under section 513 of the act (70 P.S. § 1-513), orders an issuer or control person of an issuer to effect a rescission offer, the rescission offer shall be effected in accordance with § 504.060(a) (relating to rescission offers) unless the Department, by order, otherwise requires.

The provisions of this § 513.010 amended under section 202.C of the Department of Banking and Securities Code (71 P.S. § 733-202.C); section 609(a) of the Pennsylvania Securities Act of 1972 (70 P.S. § 1-609(a)); and section 9(b) of the Takeover Disclosure Law (70 P.S. § 79(b)).

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