Sec 44-1847. Power of commission to exempt certain securities or transactions of regulated issuers

The commission may from time to time, by rules and regulations and subject to terms and conditions prescribed therein, add any class of securities or transactions to the securities or transactions exempted as provided in sections 44-1843, 44-1843.01 and 44-1844, if it appears to the commission that registration of such securities under this chapter is not essential to public interest or for the protection of investors by reason of authority conferred by law upon an agency of the state empowering such agency to regulate or supervise the issuance of securities of, or the business conducted or to be conducted by, any issuer of securities or any class or classes of issuers of securities.