Governor Hassan Applauds Senate Passage of Uniform Securities Act

Statement

Governor Maggie Hassan today issued the following statement after the Senate voted to pass Senate Bill 266, adopting the Uniform Securities Act, legislation spurred by the Governor's Live Free and Start Initiative.

"Through our Live Free and Start initiative -- which is focused on making it easier for innovative businesses to start up and grow -- business leaders and entrepreneurs across the state have expressed a need to update New Hampshire's securities laws. This bill will help modernize New Hampshire's securities regulations, focusing on investor protection and reducing hurdles for businesses trying to raise the capital that they need to grow and flourish, while also fairly balancing the state's interest in regulating securities transactions.

"I applaud the Senate's unanimous passage of the Uniform Securities Act, and I thank the business community for its overwhelming support and Senator Little for his leadership, as well as Secretary of State Gardner and the Securities Bureau for their collaboration. I look forward to continuing to work with all of our partners on this important legislation, and I urge the House to follow the Senate's example of bipartisan support for creating a synchronized and modern law that reflects current thinking and the way business and entrepreneurs work."

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