Noelle,a Montana resident,purchases Valley Vineyard securities in January.In July,after the restaurant opens,Noelle wants to sell the securities to a well-known investor from Idaho.Is the sale permissible?

Question

Quizplus · Accepted Answer

A)During the period of sale and for at least nine months after the period of sale,
buyers of intrastate securities under the intrastate exemption may not resell them to nonresidents.
B)During the period of sale and for at least nine months after the period of sale,buyers of intrastate securities under the intrastate exemption may not resell them to nonresidents.
C)During the period of sale and for at least nine months after the period of sale,buyers of intrastate securities under the intrastate exemption may not resell them to nonresidents.
D)During the period of sale and for at least nine months after the period of sale,buyers of intrastate securities under the intrastate exemption may not resell them to nonresidents.
E)During the period of sale and for at least nine months after the period of sale,buyers of intrastate securities under the intrastate exemption may not resell them to nonresidents.

Noelle,a Montana Resident,purchases Valley Vineyard Securities in January