17 C.F.R. § 240.15a-2
Current through October 31, 2024
Shares of a corporation which represent ownership, or entitle the holders thereof to possession and occupancy, of specific apartment units in property owned by such corporations and organized and operated on a cooperative basis are hereby exempted from the operation of section 15(a) of the Securities Exchange Act of 1934, when such shares are sold by or through a real estate broker licensed under the laws of the political subdivision in which the property is located.
17 C.F.R. §240.15a-2
Secs. 3, 48 Stat. 882, as amended, 895, as amended; 15 U.S.C. 78c , 78o