R15: Securities Issuer: Exemptions

• Tier: primary; type: agency-guidance
• Last opened and confirmed: October 15, 2026
• https://mn.gov/commerce/money/investments/securities/issuer/exemptions.jsp

Commerce Securities Unit page on securities registration exemptions under Minn. Stat. 80A.45 and 80A.46, with the unit's contact information and a statement that Commerce cannot give legal advice or recommend which exemption to use.

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