HB2615 H SB AMT 1-21

Rose 3348


The Committee on Small Business, Entrepreneurship and Economic Development moved to amend the bill by striking out the title and substituting therefor a new title, to read as follows:

Eng. House Bill No. 2615 -- H. B. 2615 -- “A Bill to amend the Code of West Virginia, 1931, as amended, by adding thereto a new article, designated §32‑5‑501, §32‑5‑502, §32‑5‑503, §32‑5‑504, §32‑5‑505 and §32‑5‑506, all relating to creating the West Virginia Small Business Capital Act; exempting the offer and sale of certain securities from the Uniform Securities Act; and applying to exempt issuers the Uniform Securities Act’s misleading filing provisions, its criminal penalty provisions, its civil liability provisions and its fraud provisions”