HRS 0485-0001 ANNOTATIONS

Paragraphs (15) and (16) designations added pursuant to §23G-15(1).

Investment securities, Uniform Commercial Code, see chapter 490, Article 8.

Uniform Transfers to Minors Act, see chapter 553A.

Sales involving undivided interest in land followed by an agreement to manage and resell by the seller is within the definition of "security". Att. Gen. Op. 66-8.

Agreements between the condominium owner and the developer involving the rental and management of the apartment to the public is a "security". Att. Gen. Op. 66-12.

Sale of undivided interests in land based on possibility of profit to be derived from future sale of land when it has increased in value involves an investment contract and thus a security within this section. Att. Gen. Op. 70-25.

Condominiums and The Sale of Securities Act. 4 HBJ, Feb 1967, at 4.

Pension plan was not a security covered by state law. 545 F. Supp. 94.

Investment contract, essential characteristics. 52 H. 642, 485 P.2d 105.

Precious metals and currency contracts. 79 HLR 790053.

Real estate. 81-1 HLR 810490.