10 Pa. Code Chapter 513. Rescission Orders

Pennsylvania Code

CHAPTER 513. RESCISSION ORDERS

Sec.

513.010.    Rescission orders.
Authority

   The provisions of this Chapter 513 issued under sections 202(g) and (i), 203(d), (i.1), (j) and (n)—(t), 204(a), 205(b), 207(g), (j.1) and (n), 209(b), 211(a) and (b), 504(d), 513, 603(a), 606(d) and 609(a) of the Pennsylvania Securities Act of 1972 (70 P. S. § §  1-202(g) and (i), 1-203(d), (i.1), (j) and (n)—(t), 1-204(a), 1-205(b), 1-207(g), (j.1) and (n), 1-209(b), 1-211(a) and (b), 1-504(d), 1-513, 1-603(a), 1-606(d) and 1-609(a)), unless otherwise noted.

Source

   The provisions of this Chapter 513 adopted December 30, 1999, effective January 1, 2000, 30 Pa.B. 18; transferred and renumbered from 64 Pa. Code Chapter 513, December 14, 2012, effective December 15, 2012, 42 Pa.B. 7533, unless otherwise noted. Immediately preceding text appears at serial page (262471).
§ 513.010. Rescission orders.

When the Department, under section 513 of the act (70 P.S. §  1-513), orders an issuer or control person of an issuer to effect a rescission offer, the rescission offer shall be effected in accordance with §  504.060(a) (relating to rescission offers) unless the Department, by order, otherwise requires.

Authority

   The provisions of this §  513.010 amended under section 202.C of the Department of Banking and Securities Code (71 P.S. §  733-202.C); section 609(a) of the Pennsylvania Securities Act of 1972 (70 P.S. §  1-609(a)); and section 9(b) of the Takeover Disclosure Law (70 P.S. §  79(b)).

Source

   The provisions of this §  513.010 transferred and renumbered from 64 Pa. Code §  513.010, December 14, 2012, effective December 15, 2012, 42 Pa.B. 7533; amended January 12, 2018, effective January 13, 2018, 48 Pa.B. 389. Immediately preceding text appears at serial page (364801).

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