Idaho Department of Finance

No-Action / Opinion Letters

No-Action / Opinion Letters Archive [Prior to September 1, 2004]

Opinion Letters - Idaho Uniform Securities Act (2004)

** Click on Column Name to Sort Column
Date Description Statute/Rule Statute/Rule Statute/Rule Statute/Rule Statute/Rule
05/29/2014 Hypothetical Business Model concerning: Issuer, Securities, and Agent 30-14-102(28) 30-14-102(2) 30-14-102(17) Rule 3
04/15/2014 Issuer's sales staff registration requirement 30-14-402(b)(3)
03/19/2012 Ten or Fewer Purchasers - Exempt Transaction 30-14-202(14)
10/24/2011 Cooperative Organization Exemption 30-14-201(8)
09/13/2011 Common Stock in a Business Sales Transaction 30-14-202(18) 30-14-402(4)
11/15/2010 Surplus Notes Issuance 30-14-202(22)(b)
06/03/2010 Condition of Exemption - Order Waiving 30-14-202(21)
04/09/2010 Business involving the introduction of buyers and sellers of Promissory Notes for a fee 30-14-202(11)
03/31/2010 Broker-dealer Firm and Agent Registration 30-14-401 30-14-402
03/03/2010 Investment Adviser Custody of family accounts Rule 96
11/04/2009 Vested Employee Stock Option Service 30-14-411
06/19/2008 Exchange of a minority percentage of the equity of an owner occupied residence as payment for the completion of a home improvement project - considered a security? 30-14-102(28)
04/11/2008 Solicitation of Independent Financial Advisers in Gaining Access to Investors - Require Agent Registration? 30-14-402(b)(3)
08/06/2007 Proposed Business Model Constitute a Security? and Will Company Be Operating as an Investment Adviser? 30-14-102(28) 30-14-102(15)
03/21/2007 Real Estate Loan Interest sale - Exempt Transaction 30-14-202(14)
08/24/2006 Meaning of Terms "political subdivision" and "instrumentality" 30-14-201(1)
06/21/2006 Isolated Transaction 30-14-202(1) 30-14-102(4)
03/20/2006 Partnership Interest 30-14-102(28)(d),(e)
10/13/2005 Common Stock Offering 30-14-301
09/21/2005 Mortgage Related Securities 30-14-202(11)
06/14/2005 Dual Registration Exemption for Investment Adviser Representative 30-14-405 Rule 90.06
12/01/2004 Administrative Services 30-14-102(28)(d)

No-Action Letters - Idaho Uniform Securities Act (2004)

** Click on Column Name to Sort Column
Date Description Statute/Rule Statute/Rule Statute/Rule Statute/Rule Statute/Rule
03/17/2014 Investment Adviser Referral Arrangement 30-14-102(16)
02/06/2013 Conversion from Mutual Insurer to Stock Insurer 30-14-202(22)(b)
08/13/2010 Public Utility Exemption from Registration to Bonds of a Power Corporation - applicability 30-14-201(5)
02/24/2010 Conversion of Bank Shares into Holding Company Shares 30-14-201(3)(b)
08/18/2009 Class B Common Shares 30-14-202(22)(b)
07/30/2009 Certificates of Deposit being distributed to Idaho residents without benefit of a broker-dealer's license 30-14-401
06/05/2009 Client Transition Program 30-14-402
03/21/2008 Investment Advisory Activities. 30-14-403
09/06/2007 Inclusion of addendum - alter status as a recognized Securities Manual? 30-14-202(2)
07/06/2007 Contingent Payment Rights Considered to be Securities? 30-14-301
03/13/2007 State Chartered Bank Common Stock 30-14-201(3)
11/08/2006 Blind Pool Offering 30-14-510 Rule 60
08/30/2006 Membership Interests 30-14-301
09/20/2005 Common Stock Distribution 30-14-102(2) 30-14-202(22)(b) 30-14-402(b)(3)
05/11/2005 State Chartered Bank Securities 30-14-201(3)(b)
04/25/2005 Class Action Lawsuit Results in Offer of "Settlement Stock" 30-14-202(9)
01/26/2005 State Chartered Bank Exemption 30-14-201(3)(b)