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Feb 16

WHAT IS A SECURITY IN US LAW?

WHAT IS A SECURITY IN US LAW?In the United States, the term “security” is defined by federal law as any note, stock, treasury stock, bond, debenture, certificate of interest or participation in any profit-sharing agreement, collateral-trust certificate, preorganization certificate or subscription, transferable share, investment contract, voting-trust certificate, certificate of deposit for a security, fractional undivided interest in oil, gas, or other mineral rights, or, in general, any inte...

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