Md. Code, Corporations and Associations § 11-501
Md. Code, Corporations and Associations § 11-501
in effectA person may not offer or sell any security in this State unless:
(1) The security is registered under this title;
(2) The security or transaction is exempted under Subtitle 6 of this title; or
(3) The security is a federal covered security.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gca§ion=11-501&enactments=falseFetched: 10/16/2026
