STATUTES, REGULATIONS & COMMISSION POLICIES

Code of Alabama 1975 as maintained by the Alabama Legislative Information System Online (ALISON)*
* This link will take you to the ALISON Database that is maintained by the Alabama Legislature

Alabama Securities Act (Section 8 Chapter 6)
Article 1 General Provisions
Article 2 Securities Commission
Article 3 Fiduciary Security Transfers - Repealed -
Article 4 Ownership by Minors
Article 5 Pre-Issuance Procedure for Industrial Revenue Bonds
Article 6 Uniform Transfer On Death Security Registration Act
Article 7 Protection of Vulnerable Adults from Financial Exploitation Act
ASC and DHR Financial Reporting Form and guidelines.

Sale of Checks Act (Section 8 Chapter 7) will be replaced by the Alabama Monetary Transmission Act (Section 8 Chapter7a) Effective August 1, 2017
All new Sale of Check/Money Transmitter filings submitted on or after August 1, 2017, will fall under the new Alabama Monetary Transmission Act (Section 8 Chapter 7a). If you are currently registered or have completed the registration process prior to August 1, 2017, you will continue to follow the Sale of Checks Act (Section 8 Chapter 7) until you renew March 31, 2018.

Sale of Checks


Rules of the Alabama Securities Commission
Chapter 830-X-1 Organization and General Operation
Chapter 830-X-2 General Rules
Chapter 830-X-3 Registration of Dealers, Agents, Investment Advisers and Investment Adviser Representatives
Chapter 830-X-4 Registration of Securities
Chapter 830-X-5 Reserved
Chapter 830-X-6 Exempt Securities and Exempt Transactions
Chapter 830-X-7 Sale of Checks Act
Chapter 830-X-8 Industrial Revenue Bonds


Policy Statements
• Statement of Policy on Registration Under Sale of Checks Act - 07/11/2016
• Order of the Commission (12/19/2012) - Provision for the Implementation of Performance Fees
• Policy Statement Regarding the Extension of the Foreign Stocks Exemption
Emergency Order Due to Hurricane Katrina
• Policy Regarding Registered Broker-Dealer Agents and Investment Adviser Representatives Called to Active Duty in the United States
     Military.
• Policy Statement Regarding Banks and Formation
Canadian Cross Border Trading
Change in Legal Entity from a Limited Partnership or Corporation to a Limited Liability Company
Exempting Certain Offers of Securities made on the Internet from Securities Registration
Investment Adviser Registration Depository (IARD)
Limited Offering Exemption Filings (Rules 506, 505, 504)
Notice Filings for Mutual Funds
• Using the Internet for General Dissemination of Information on Products and Services
• Registration Exemption Pursuant to Section 8-6-10(10) concerning qualification of plans complying with Rule 701 and Section 3(b)
Viatical Settlement Contracts
• Sales of Securities of DE NOVO Banks