Colorado Code § 11-51-705

Interpretive opinions
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The securities commissioner may honor requests
from interested persons for confirmation of the applicability of particular exemptions from
securities registration under sections 11-51-307 to 11-51-309 or for other interpretive opinions
regarding any provision of this article. Any person making such a request shall pay an opinion
fee, which shall be determined and collected pursuant to section 11-51-707 and which shall not
be refundable. In response to any request for a confirmation or other interpretive opinion
received under this section, the securities commissioner may waive any condition imposed under
this article as it applies to the person making such request.

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