Section 3(a)(10) l The Paper Crime Exemption

Securities Lawyer 101 Blog Section 3(a)(10) of the Securities Act of 1933 (the "Securities Act") provides an exemption from registration that permits a company to issue common stock to public investors "in exchange for one or more bona fide outstand...
http://www.securitieslawyer101.com/2014/section-3-a-10-2/