2012 Vermont Statutes
Title 27A Uniform Common Interest Ownership Act (1994)
Chapter 4 PROTECTION OF PURCHASERS
§ 107 Common interest community securities
§ 4-107. 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 under this title 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 the provisions of 9 V.S.A. chapter 131. (Added 1997, No. 104 (Adj. Sess.), § 3, eff. Jan. 1, 1999.)
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