C is corrent. Among those securities that are exempt from registration under the 1933 Act are securities of banks.
A is incorrect. Corporate bonds are considered securities subject to the 1933 Act.
B is incorrect. There is no exemption for limited partnership interests. Limited partnership interests are securities subject to the 1933 Act.
D is incorrect. In order for commercial paper, such as notes, to be exempt, the commercial paper must have a maturity of 9 months or less and must be for a commercial purpose.
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