Secretary of State No.

1914-r-1

Description

REGULATING INVESTMENT COMPANIES. Initiative act authorizing governor to appoint auditor of investments empowered to employ deputies and fix their compensation, defining investment companies, authorizing examination thereof by auditor and judicial investigation of their practices, defining securities and prohibiting sale thereof to public, or taking subscriptions therefor, by such companies before filing with auditor their financial statement and description of security, excepting from act certain companies and individuals, securities thereof and certain installment securities, regulating advertisements and circulars regarding securities, creating fund from official fees for salaries and expenses under act; repeals all laws on subject adopted heretofore or concurrently herewith.

Date

9-3-1914

Document Type

Initiative

Qualified

Qualified

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