Overview
Section 3 Securities Exemptions
Securities Act Section 3 Exemptions from Securities
SA S 3(a)(2): Govs, Munis, Banks
SA S 3(a)(3): Current Transactions, Commercial Paper
SA S 3(a)(4): Charitable Organizations
SA S 3(a)(5): Savings and Loans; Farmer's Cooperatives
SA S 3(a)(6) : Railroad Equipment Trusts
SA S 3(a)(7): Receiver in Bankruptcy
SA S 3(a)(8): Insurance and Annuities
SA S 3(a)(10): Court Approved Exchanges
SA S 3(a)(11): Intrastate Offerings