Florida Statute 517.07 | Lawyer Caselaw & Research

The 2024 Florida Statutes

Title XXXIII
REGULATION OF TRADE, COMMERCE, INVESTMENTS, AND SOLICITATIONS

Chapter 517
SECURITIES TRANSACTIONS

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F.S. 517.07

517.07 Registration of securities.—

(1) It is unlawful and a violation of this chapter for any person to sell or offer to sell a security within this state unless the security is exempt under s. 517.051, is sold in a transaction exempt under s. 517.061, is a federal covered security, or is registered pursuant to this chapter.

(2) No securities that are required to be registered under this chapter shall be sold or offered for sale within this state unless such securities have been registered pursuant to this chapter and unless prior to each sale the purchaser is furnished with a prospectus meeting the requirements of rules adopted by the commission.

(3) The office shall issue a permit when registration has been granted by the office. A permit to sell securities is effective for 1 year from the date it was granted. Registration of securities shall be deemed to include the registration of rights to subscribe to such securities if the application under s. 517.081 or s. 517.082 for registration of such securities includes a statement that such rights are to be issued.

(4) A record of the registration of securities shall be kept by the office, in which register of securities shall also be recorded any orders entered by the office with respect to such securities. Such register, and all information with respect to the securities registered therein, shall be open to public inspection.

(5) Notwithstanding any other provision of this section, offers of securities required to be registered by this section may be made in this state before the registration of such securities if the offers are made in conformity with rules adopted by the commission.

History.—s. 6, ch. 14899, 1931; CGL 1936 Supp. 6002(7); s. 3, ch. 24066, 1947; s. 11, ch. 25035, 1949; ss. 12, 35, ch. 69-106; s. 3, ch. 76-168; s. 1, ch. 77-457; s. 2, ch. 78-435; ss. 5, 15, ch. 79-381; ss. 4, 5, ch. 80-254; ss. 2, 3, ch. 81-318; s. 1, ch. 83-201; s. 5, ch. 85-165; s. 6, ch. 86-85; ss. 14, 15, ch. 90-362; s. 4, ch. 91-429; s. 4, ch. 97-224; s. 587, ch. 2003-261.

F.S. 517.07 on Google Scholar

F.S. 517.07 on Casetext

Amendments to 517.07

Arrestable Offenses / Crimes under Fla. Stat. 517.07

Level: Degree
Misdemeanor/Felony: First/Second/Third

S517.07 - PUBLIC ORDER CRIMES - REMOVED - F: T

S517.07 1 - PUBLIC ORDER CRIMES - SELL UNREGISTERED NONEXEMPT SECURITY - F: T

S517.07 2 - PUBLIC ORDER CRIMES - FAIL REGIST PROV PROSPECTUS MEETNG REQUIREMENT - F: T

Annotations, Discussions, Cases:

Cases Citing Statute 517.07

Total Results: 20

NGUYEN v. PERSPECTIVE GLOBAL, LLC, HOOKS

Court: Fla. Dist. Ct. App. | Date Filed: 2024-06-07T00:00:00-07:00

Snippet: sale of an unregistered security under section 517.07, part of Florida's Blue Sky Law, against Perspective

SAM SHRIVASTAVA, VENN THERAPEUTICS, LLC AND SANDIP PATEL v. CAC PHARMA INVESTMENTS LLC, AND C & J HEALTHCARE INVESTMENTS, LLC

Court: Fla. Dist. Ct. App. | Date Filed: 2024-03-06T00:00:00-08:00

Snippet: securities to Appellees was made in violation of section 517.07 because the securities were not registered pursuant

SAM SHRIVASTAVA, VENN THERAPEUTICS, LLC AND SANDIP PATEL v. CAC PHARMA INVESTMENTS LLC, AND C & J HEALTHCARE INVESTMENTS, LLC

Court: Fla. Dist. Ct. App. | Date Filed: 2024-03-06T00:00:00-08:00

Snippet: securities to Appellees was made in violation of section 517.07 because the securities were not registered pursuant

McCloskey v. Department of Financial Services

Court: Fla. Dist. Ct. App. | Date Filed: 2015-08-21T00:00:00-07:00

Citation: 172 So. 3d 973, 2015 Fla. App. LEXIS 12559, 2015 WL 4950094

Snippet: that securities law penalties now also applied. §§ 517.07, 517.12, 626.611(16), (17), Fla. Stat. (2005).

Wojnowski v. State, Office of Financial Regulation

Court: Fla. Dist. Ct. App. | Date Filed: 2012-09-13T00:00:00-07:00

Citation: 98 So. 3d 189, 2012 WL 4009546, 2012 Fla. App. LEXIS 15370

Snippet: unregistered securities in violation of section 517.07, Florida Statutes, and committed securities fraud…Respondents sold unregulated securities in violation of § 517.07; (3) as to breach of fiduciary . duty, Respondents…Florida Statutes, specifically Section 517.301 and 517.07, Florida Statutes, which [is] grounds for denial…arbitration award found that Appellant violated section 517.07, Florida Statutes, by selling unregistered securities

Venezia v. Sunrise View, Inc.

Court: Fla. Dist. Ct. App. | Date Filed: 2012-05-16T00:00:00-07:00

Citation: 93 So. 3d 1051, 2012 WL 1698130, 2012 Fla. App. LEXIS 7846

Snippet: alleged sale of an unregistered security. See § 517.07(1), Fla. Stat. (2010) (“It is unlawful and a violation

GLK, L.P. v. Four Seasons Hotel Ltd.

Court: Fla. Dist. Ct. App. | Date Filed: 2009-10-14T00:00:00-07:00

Citation: 22 So. 3d 635, 2009 Fla. App. LEXIS 15534, 2009 WL 3272190

Snippet: securities and that the sale violated sections 517.07 and 517.12(1). Appellants filed an amended complaint

Moecker v. Antoine

Court: Fla. Dist. Ct. App. | Date Filed: 2003-03-12T23:53:00-08:00

Citation: 845 So. 2d 904

Snippet: security, or is registered pursuant to this chapter. § 517.07(1), Fla. Stat. (1997). It is without dispute that…provides that the registration requirements of section 517.07 do not apply to, among other transactions, to:

Molina v. Watkins

Court: Fla. Dist. Ct. App. | Date Filed: 2002-08-14T00:00:00-07:00

Citation: 824 So. 2d 959, 2002 Fla. App. LEXIS 11592, 2002 WL 1842903

Snippet: racketeering (securities fraud in violation of chapter 517); (7) malicious prosecution; (8) abuse of process;

Buehler v. LTI International, Inc.

Court: Fla. Dist. Ct. App. | Date Filed: 2000-03-31T00:00:00-08:00

Citation: 762 So. 2d 530, 2000 Fla. App. LEXIS 3748, 2000 WL 331910

Snippet: who purchased from sellers who violate section 517.07 (Registration of securities), section 517.12 (Registration

Bookhardt v. State

Court: Fla. Dist. Ct. App. | Date Filed: 1998-05-01T00:53:00-07:00

Citation: 710 So. 2d 700

Snippet: W. SHARP and HARRIS, JJ., concur. NOTES [1] § 517.07, Fla. Stat. [2] § 517.12, Fla. Stat. [3] § 517.301

Greater Ministries International, Inc. v. State

Court: Fla. Dist. Ct. App. | Date Filed: 1997-02-05T00:00:00-08:00

Citation: 689 So. 2d 328, 1997 Fla. App. LEXIS 923, 1997 WL 43387

Snippet: registered pursuant to the terms of this chapter. §§ 517.07; 517.081, Fla. Stat. (1995). No person may sell

Osborne Stern and Co. v. Dept. of Banking

Court: Fla. Dist. Ct. App. | Date Filed: 1994-11-17T23:53:00-08:00

Citation: 647 So. 2d 245

Snippet: appellants' *247 having violated sections 517.12(1), 517.07, 517.301(1)(a)2, and 517.301(1)(c), Florida Statutes…to the alleged violations of sections 517.12(1), 517.07, and 517.301(1)(a)2, Florida Statutes, on the ground…pursuant to the provisions of this section. Section 517.07 (1989), Florida Statutes, provides in pertinent

Bissell v. State

Court: Fla. Dist. Ct. App. | Date Filed: 1992-05-29T00:00:00-07:00

Citation: 605 So. 2d 878, 1992 Fla. App. LEXIS 5816, 1992 WL 111375

Snippet: § 817.034(4), two counts of organized fraud; § 517.07, thirty counts of selling unregistered securities

Fireman's Insurance Co. v. Vento

Court: Fla. Dist. Ct. App. | Date Filed: 1991-09-24T00:00:00-07:00

Citation: 586 So. 2d 89, 1991 Fla. App. LEXIS 9413, 1991 WL 188047

Snippet: Crossings had not been registered pursuant to section 517.07, Florida Statutes (1989). The court granted the…would not be subject to the provisions of section 517.07. See Schneberger v. Wheeler, 859 F.2d 1477 (11th…partnership for purposes of liability under sections 517.07 and 517.301), cert. denied, 490 U.S. 1091, 109 …2433, 104 L.Ed.2d 989 (1989). Moreover, section 517.07 contains various exceptions and exclusions which

Skurnick v. Ainsworth

Court: Fla. | Date Filed: 1991-09-12T00:53:00-07:00

Citation: 591 So. 2d 904

Snippet: quot;[e]very sale made in violation of either s. 517.07 or s. 517.12 may be rescinded at the election of

Birnholz v. 44 Wall Street Fund, Inc.

Court: Fla. | Date Filed: 1990-04-12T00:53:00-07:00

Citation: 559 So. 2d 1128

Snippet: SALE OF UNREGISTERED SECURITIES IN VIOLATION OF § 517.07. Id. at 341-42. Additionally, that court stated…violation of the registration requirements of § 517.07.[2] As an affirmative defense the Fund asserted… provided that the registration provisions of § 517.07 did *1130 not apply to the sale of securities made…provided: "The registration provisions of s. 517.07 do not apply to any of the following transactions

Fox v. State

Court: Fla. Dist. Ct. App. | Date Filed: 1989-12-28T00:00:00-08:00

Citation: 554 So. 2d 627, 1989 Fla. App. LEXIS 7347, 1989 WL 155647

Snippet: securities. See §§ 895.02, 895.03(4), 812.-014, 517.07, 517.12 and 517.301, Fla.Stat. On March 11, 1987

Kilpatrick v. Oliff

Court: Fla. Dist. Ct. App. | Date Filed: 1987-09-17T00:00:00-07:00

Citation: 519 So. 2d 9, 12 Fla. L. Weekly 2263, 1987 Fla. App. LEXIS 10317, 1987 WL 686

Snippet: violation of sections 517.-301, Fla.Stat., and 517.07, Fla.Stat. Petitioner also agreed to cooperate

Whigham v. Muehl

Court: Fla. Dist. Ct. App. | Date Filed: 1987-01-20T00:00:00-08:00

Citation: 500 So. 2d 1374, 12 Fla. L. Weekly 289, 1987 Fla. App. LEXIS 6346

Snippet: .— (1) Every sale made in violation of either s.517.07 or s.517.12 may be rescinded at the election of