17 C.F.R. § 240.15a-2 Exemption of certain securities of cooperative apartment houses from section 15(a).
Title 17 - Commodity and Securities Exchanges
Shares of a corporation which represent ownership, or entitle the holders thereof to possession and occupancy, of specific apartment units in property owned by such corporations and organized and operated on a cooperative basis are hereby exempted from the operation of section 15(a) of the Securities Exchange Act of 1934, when such shares are sold by or through a real estate broker licensed under the laws of the political subdivision in which the property is located. (Secs. 3, 48 Stat. 882, as amended, 895, as amended; 15 U.S.C. 78c, 78o) [13 FR 8204, Dec. 22, 1948]
Title 17: Commodity and Securities Exchanges
PART 240—GENERAL RULES AND REGULATIONS, SECURITIES EXCHANGE ACT OF 1934
Exemption of Certain Securities From Section 15(a)
§ 240.15a-2 Exemption of certain securities of cooperative apartment houses from section 15(a).
