An agent in State Z sells a municipal bond issued by a city in State Y to a State Z resident. Which statement is correct?

1. AState Z cannot require registration or a notice filing for the bond, but it may enforce its antifraud laws✓ Correct answer
2. BState Z may require registration because the issuer is out of state
3. CState Z may require a notice filing and fee for every municipal bond
4. DState Z has no antifraud authority over the sale

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