37-25A-37. Sales and offers subject to chapter. The provisions of this chapter concerning sales and offers to sell apply to persons who sell or offer to sell if:
(1) An offer to sell is made in this state;
(2) An offer to purchase is made and accepted in this state; or
(3) The purchaser is domiciled in this state and the business opportunity is operated in this state.Source: SL 1985, ch 305, § 37.