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80A.31 Statutory policy.

Sections 80A.01 to 80A.31 shall be so construed as to effectuate its general purpose to make uniform the law of those states which enact it and to coordinate the interpretation of sections 80A.01 to 80A.31 with the related federal regulation.

HIST: 1973 c 451 s 31

* NOTE: Laws 1973, chapter 451, section 32, reads as follows:

* "Prior law exclusively governs all suits, actions, *prosecutions, or proceedings which are pending or may be *initiated on the basis of facts or circumstances occurring *before August 1, 1973.

* All effective registrations under prior law, all *administrative orders relating to such registrations and all *conditions imposed upon such registrations remain in effect so *long as they would have remained in effect if this act had not *been passed. They are considered to have been filed, entered, *or imposed under this act, but are governed by prior law.

* Prior law applies in respect of any offer or sale made *within one year after the effective date of this act pursuant to *an offering begun in good faith before its effective date on the *basis of an exemption available under prior law.

* Judicial review of all administrative orders as to which *review proceedings have not been instituted by the effective *date of this act are governed by prior law."

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Revisor of Statutes