6.12.1206    INTERNET

(1) An offer of sale of living trusts made through the internet or similar proprietary or common carrier electronic system is exempt from 30-10-901 through 30-10-915, MCA, if the following conditions are met:

(a) the offer indicates that the offer is not being made to residents of Montana;

(b) the offer is not specifically directed to any person in Montana; and

(c) no sale of a living trust is made in Montana as a result of the offer until the person making the offer is licensed under 30-10-901 through 30-10-915, MCA.

History: Sec. 30-10-905, MCA; IMP, Sec. 30-10-906, MCA; NEW, 1997 MAR p. 1917, Eff. 10/21/97.