Wednesday, September 23, 2015

p. 111

Case study: offer originates in administrator's state
  • client Bixby refers agent Thompson  to call Bixby's friend
  • Thompson is registered in Illinois and Indiana
  • Agent sells security to Bixby's friend
  • Verdict: Administrators of Illinois and Indiana have jurisdiction
Case study: offer is directed to administrator's state
  • agent mails sails materials to client's home state
  • client discards materials
  • Verdict: offer was directed to Indiana, Administrator of Indiana has jurisdiction
Offer accepted in an Administrator's State
  • Agent sends additional offers to client in Indiana who is on vacation in Florida
  • Client's mail is forwarded to Florida
  • Client receives mail in Florida, she decides to purchase
  • Verdict: offer is accepted in Florida, Administrator of Florida has jurisdiction
Note
  • Administrator's authority does not stop at the state line

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