Minn. Stat. » CHAPTER 80A. REGULATION OF SECURITIES
Minnesota Statutes

Minn. Stat. § 80A.08 (2026)

[Repealed]

✓ current as of May 2026
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[Repealed, 2006 c 196 art 1 s 51,52]

Notes of Decisions
Cited in 23 cases, 1977–2009 · leading case: Risdall v. Brown-Wilbert, Inc., 753 N.W.2d 723 (Minn. 2008).
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Risdall v. Brown-Wilbert, Inc., 753 N.W.2d 723 (Minn. 2008). · cites it 7× “1 (2006), because respondents sold unregistered securities in violation of Minn.Stat. § 80A.08 (2006). According to appellants, the stock offering did not qualify for the Minn.”
In Re Prof'l Fin. Mgmt., Ltd., 692 F. Supp. 1057 (D. Minnesota 1988). · cites it 11× “§ 77Ɩ (Count III); under Minn. Stat. § 80A.08 (1986) (Count VII); and negligence per se (Count XV).”
Risdall v. Brown-Wilbert, Inc., 733 N.W.2d 827 (Minn. Ct. App. 2007). · cites it 13× “com sold unregistered securities, in violation of Minn.Stat. § 80A.08 (1998) and (2) funeral.”
Risdall v. Brown-Wilbert, Inc., 759 N.W.2d 67 (Minn. Ct. App. 2009). · cites it 6× “Minn.Stat. § 80A.08 (2006). Risdall v. Brown-Wilbert, Inc.”
Jenson v. Touche Ross & Co., 335 N.W.2d 720 (Minn. 1983). · cites it 2× “Plaintiffs’ second count alleges that defendant engaged as “an agent” of Continental *729 Coin in the sale of unregistered securities contrary to Minn.Stat. § 80A.08 (1982). On the second count, the sale of unregistered securities by an agent, we hold, as did the trial court,…”
Bormann v. Applied Vision Sys., Inc., 800 F. Supp. 800 (D. Minnesota 1992). · cites it 7× “08 of the Minnesota Securities Act, Minn.Stat. § 80A.08, which makes it unlawful for any person to offer or sell any security unless it is registered, or exempted under § 80A.”
Appelbaum v. Ceres Land Co., 546 F. Supp. 17 (D. Minnesota 1981). · cites it 2× “See Minn.Stat. §§ 80A.08, 80A.16. Levitt’s fifth cause of action is a State securities fraud claim brought under Minn.”
State v. Stagg, 342 N.W.2d 124 (Minn. 1984). · cites it 2× “Defendant was found guilty by a district court jury of a charge of intentionally aiding in the sale of an unregistered security, Minn.Stat. §§ 80A.08, 80A.22, 609.05, subd.”
Logan v. Panuska, 293 N.W.2d 359 (Minn. 1980). · cites it 2× “1) states: "Any person who sells a security in violation of sections 80A.08 or 80A.18, or any condition imposed under section 80A.”
Nielsen v. Prof'l Fin. Mgmt., Ltd., 682 F. Supp. 429 (D. Minnesota 1987). · cites it 2× “Finally, Count 9 alleges that defendants, as compensated investment advisers, defrauded plaintiffs and employed the various plans as schemes to defraud them, in violation of Minn.”
In Re Prof'l Fin. Mgmt., Ltd., 703 F. Supp. 1388 (D. Minnesota 1989). · cites it 2× “The court has previously ruled that the Energy Brain leases are securities for purposes of § 12(2) and Minn.Stat. § 80A.08. See In re Professional Financial Management, Ltd.”
Anders v. Dakota Land & Dev. Co., Inc., 380 N.W.2d 862 (Minn. Ct. App. 1986). · cites it 3× “Minn.Stat. § 80A.08 (1974) also prohibits any person from offering or selling any unregistered security unless the security in the transaction is exempt.”
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