For purposes of the Maryland Securities Act, Corporations and Associations Article, §11-302(e)(1)(ii), Annotated Code of Maryland, a transaction that does not result in a change of actual control or management of an investment adviser is not an assignment.

Authority: Corporations and Associations Article, §§11-101, 11-203, and 11-302, Annotated Code of Maryland

Effective date:

Regulations .01—.09 adopted as an emergency provision effective July 25, 1989 (16:16 Md. R. 1733); emergency status expired December 22, 1989

Regulations .01—.09 adopted as an emergency provision effective December 23, 1989 (17:1 Md. R. 63); adopted permanently effective April 16, 1990 (17:7 Md. R. 845)

Regulation .05 amended and Regulations .10—.18 adopted as an emergency provision effective August 1, 1990 (17:15 Md. R. 1845)

Regulation .05 amended and new Regulations .10—.18 adopted as an emergency provision effective December 1, 1990 (17:26 Md. R. 2972)

Regulations .05A, B amended effective March 18, 1991 (18:5 Md. R. 592)

Regulations .10—.18 adopted effective March 18, 1991 (18:5 Md. R. 592)

Regulations .10B, .11C, and .13D amended as an emergency provision effective September 23, 1991 (18:20 Md. R. 2197); emergency status extended at 18:26 Md. R. 2826; adopted permanently effective February 3, 1992 (19:2 Md. R. 152)

Regulations .19 and .20 adopted as an emergency provision effective October 1, 1992 (19:17 Md. R. 1602); emergency status extended at 19:24 Md. R. 2123; adopted permanently effective December 7, 1992 (19:24 Md. R. 2125)

Chapter revised effective May 9, 1994 (21:9 Md. R. 749)

Chapter revised effective February 4, 2002 (29:2 Md. R. 94)

Regulation .01B amended effective December 27, 2021 (48:26 Md. R. 1109)

Regulation .11A amended effective December 27, 2021 (48:26 Md. R. 1109)

Regulation .14 amended effective December 27, 2021 (48:26 Md. R. 1109)