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The 189th General Court of the Commonwealth of Massachusetts

Section 96A: Securities; public sale; permit, necessity, revocation

Section 96A. No security, as defined in clause (k) of section four hundred and one of chapter one hundred and ten A, issued by a person licensed under section ninety-six shall be sold or advertised for sale to the public without a permit issued by the commissioner and subject to such conditions as the commissioner shall determine. The commissioner may, after notice and hearing, revoke such permit for violation of any such condition.