1999-07-28                     House Journal                      Page 1782
HB 83                                                                        
A message dated June 24, 1999, was received stating the Governor has           
signed the following bill and is transmitting the engrossed and enrolled       
copies to the Lieutenant Governor's office for permanent filing:               
                                                                               
CS FOR HOUSE BILL NO. 83(JUD)(title am)                                       
"An Act relating to certain securities occupations and investment             
pools; relating, with regard to the Alaska Securities Act, to federal          
covered securities, the registration of securities, the general                
exemptions for securities and transactions, Internet offers of                 
securities and transactions, file confidentiality, petitions to superior       
court by the administrator to reduce civil penalties to judgment,              
time limits for bringing court actions for violations, administrator-          
established fees and administrator-required reimbursements,                    
consent to service, title, sales, purchases, offers to sell, and offers        
to purchase; exempting certain violations of the Alaska Securities             
Act from criminal penalties; amending or repealing certain current             
definitions in the Alaska Securities Act; providing new Alaska                 
Securities Act definitions for certain securities occupations, for             
certain federal statutes, and for the terms 'advisory client,' 'advisory       
fee,' 'advisory services,' 'clients who are natural persons,' 'federal         
covered security,' 'investment advisory business,' 'investment                 
advisory contract,' 'NASDAQ,' 'notice filing,' 'place of business,'            
'principal place of business,' 'securities business,' 'substantial             
portion of the business,' and 'supervised person'; and providing for           
an effective date."                                                            
                                                                               
Chapter No. 76, SLA 1999                                                      
Effective Date:  See Chapter