§ 1210 Commissioner Exemption Authority

• •The commissioner can create exemptions by regulation or order.
• •Exemptions apply when the transaction isn’t covered by the chapter’s goals.
• •The exemption is allowed if it isn’t needed for public interest or investor protection.

A small community garden sells a few shares of its harvest to neighbors.

If the commissioner decides that this tiny garden share sale isn’t the kind of investment the law is meant to control, they can exempt it, so the garden doesn’t have to follow the heavy paperwork rules of Section 1201.