90-10-310. Application for securities exemption. (1) The designated investor group shall apply to the securities commissioner, provided for in 2-15-1901, for an exemption under 30-10-104(11) for any securities transaction undertaken pursuant to this chapter.
     (2) The tax credits allowed or transferred pursuant to this chapter may not be considered securities under Title 30.

     History: En. Sec. 15, Ch. 537, L. 2005.