INKRAH Law · Securities Act 1933 · United States Code Title 15, §§ 77a et seq. (1933)

Section 5 — Registration Requirement

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Bahasa Indonesia

Kecuali suatu pernyataan pendaftaran berlaku atas suatu efek, melanggar hukum menggunakan sarana niaga antarnegara bagian atau pos untuk menjual atau menyerahkan efek itu; dan melanggar hukum menawarkan untuk menjual atau membeli efek kecuali pernyataan pendaftaran telah diajukan.

English (United States)

Unless a registration statement is in effect as to a security, it shall be unlawful to use any means of interstate commerce or the mails to sell or deliver that security; and it shall be unlawful to offer to sell or buy a security unless a registration statement has been filed.