Ala. Admin. Code r. 830-X-2-.01

Current through Register Vol. 43, No. 1, October 31, 2024

Section 830-X-2-.01 - References To Rules And Regulations And To The Act, Or To Portions Thereof

(1) As used in the Rules and Regulations prescribed by the Commission pursuant to Title 8, Chapter 6, Section 23, Code of Ala. 1975, unless the context otherwise specifically requires:

(a) The term Act means the Alabama Securities Act as cited by Chapter 6, Section 1, Title 8, Code of Ala. 1975.

(b) The term Section refers to a section of the Alabama Securities Act.

(c) The term Rules and Regulations refers to all rules and regulations adopted by the Commission pursuant to the Act, including forms for registration and reports and the accompanying instructions thereto.

(2) Unless otherwise specifically stated, the terms used in the Rules and Regulations shall have the meaning defined in the Act.

(3) A rule or regulation which defines a term without express reference to the Act or to the Rules and Regulations, or to a portion thereof, defines such term for all purposes as used both in the Act and in the Rules and Regulations.

Author:

Ala. Admin. Code r. 830-X-2-.01

Filed September 30, 1982. Readopted: Filed November 9, 1983. Amended: Filed September 28, 1990.

Statutory Authority:Code of Ala. 1975, § 8-6-23.