HB 441 (1991): relative to the uniform limited offering exemption from securities registration and filing requirements.

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@misc{bill-1991-hb441, title = {HB 441 (1991): relative to the uniform limited offering exemption from securities registration and filing requirements.}, howpublished = {Granite Record}, url = {https://graniterecord.org/bill/1991/hb441}, note = {Accessed 24 Oct. 2026} }

HB 441 (1991)

relative to the uniform limited offering exemption from securities registration and filing requirements.

  • Status: Signed into law
  • Term: 1991-1992
  • House committee: Commerce, Small Business and Consumer Affairs
  • Senate committee: Banks
  • Subject: Miscellaneous
  • Chapter law: 139

The Story

It was introduced on January 3, 1991 and referred to the House Commerce, Small Business and Consumer Affairs committee. The committee held a public hearing on February 25, 1991. The majority of the committee recommended that the House pass it unanimously, 16–0, and the report was placed on the consent calendar. On March 19, 1991 the House voted to pass it. It crossed to the Senate on March 28, 1991 and was referred to the Senate Banks committee. The committee held a public hearing on April 9, 1991. The committee recommended that the Senate pass it. On May 7, 1991 the Senate voted to pass it on a voice vote. The bill was enrolled on May 9, 1991 — the final check of the text before it goes to the governor. The governor signed it on May 20, 1991, making it Chapter 139 of the session laws. It took effect on July 19, 1991.

Sponsors

  • Rep. B. Packard (Hills 15) (prime sponsor)
  • Rep. Hunt (Ches 9)
  • Rep. Arnesen (Graf 7)
  • Sen. Fraser (SD4)

Hearings and Sessions

  • February 25, 1991, 1:30 PM: hearing, House Commerce, Small Business and Consumer Affairs, RM207,LOB
  • April 9, 1991, 9:45 AM: hearing, Senate Banks, RM103,LOB

Votes

  • May 7, 1991, Senate: Ought to Pass — voice vote, passed

The Docket

  • January 3, 1991: INTRODUCED AND REF TO COMMERCE; HJ16,P151
  • February 7, 1991: IN SEAT POCKET ON FEB12 DUE ON MAR14
  • February 19, 1991: ==CANCELLED==HEARING FEB19 01:30 RM207,LOB FOR: COMMERCE
  • February 25, 1991: RESCHEDULED HEARING FEB25 01:30 RM207,LOB FOR: COMMERCE
  • March 6, 1991: MAJ REPORT OTP FOR MAR19 (VOTE 16-0;CC)
  • March 19, 1991: PASSED; HJ53A,P1099 + HJ53B,P1196
  • March 28, 1991: INTRODUCED AND REF TO BANKS; SJ14,P210
  • April 9, 1991: HEARING APR09 09:45 RM103,LOB FOR: BANKS
  • May 6, 1991: COMM REPORT OTP MAY07
  • May 7, 1991: PASSED VV; SJ22,P296 + 305
  • May 9, 1991: ENROLLED; HJ78,P1803
  • May 9, 1991: ENROLLED; SJ23,P312
  • May 20, 1991: SIGNED BY GOVERNOR 05/20/91 EFF: 07/19/91 CHAP.0139

Laws It Would Change

From the General Court