Legal Memorandum: Registration Requirements for Securities

Issue: When is a company’s sale of debenture bonds exempt from registration requirements under Nebraska’s blue sky law?

Area of Law: Corporate & Securities
Keywords: Securities; Registration requirements; Blue sky laws
Jurisdiction: Nebraska
Cited Cases: None
Cited Statutes: Neb. Rev. Stat. § 8-1110(5)(a)
Date: 11/01/2011

The registrations requirements of the Securities Act of Nebraska do not apply to certain securities, including:

(5)(a) Any security listed on the Chicago Stock Exchange, the Chicago Board Options Exchange, Tier I of the Pacific Stock Exchange, Tier I of the Philadelphia Stock Exchange, or any other stock exchange or market system approved by the director, if, in each case, quotations have been available and public trading has taken place for such class of security prior to the offer or sale of that security in reliance on the exemption; any other security of the same issuer which is of senior or substantially equal rank; any security called for by subscription rights or warrants so listed or approved; or any warrant or right to purchase or subscribe to any of the foregoing or to any security listed on the New York Stock Exchange, the American Stock Exchange, or the NASDAQ Global Market.


Neb. Rev. Stat. § 8-1110(5)(a)


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