1.Registration permitted.
A security may be registered by qualification under this section.
2.Required records.
A registration statement under this section must contain the information or records specified in section 16305, a consent to service of process complying with section 16611 and the following information or records:
3.Conditions for effectiveness of registration statement.
A registration statement under this section becomes effective 30 days, or any shorter period provided by rule adopted or order issued under this chapter, after the date the registration statement or the last amendment other than a price amendment is filed if:
4.Delay of effectiveness of registration statement.
The administrator may delay effectiveness once for not more than 90 days if the administrator deter
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1.
Registration permitted.
A security may be registered by qualification under this section.
2.
Required records.
A registration statement under this section must contain the information or records specified in section 16305, a consent to service of process complying with section 16611 and the following information or records:
3.
Conditions for effectiveness of registration statement.
A registration statement under this section becomes effective 30 days, or any shorter period provided by rule adopted or order issued under this chapter, after the date the registration statement or the last amendment other than a price amendment is filed if:
4.
Delay of effectiveness of registration statement.
The administrator may delay effectiveness once for not more than 90 days if the administrator determines the registration statement is not complete in all material respects and promptly notifies the applicant or registrant of that determination. The administrator may also delay effectiveness for a further period of not more than 30 days if the administrator determines that the delay is necessary or appropriate.
5.
Prospectus or offering document distribution may be required.
An order issued under this chapter may require as a condition of registration under this section that a prospectus or offering document containing a specified part of the information or record specified in subsection 2 be sent or given to each person to whom an offer is made, before or concurrently, with the earliest of:
6.
Simplified statement.
For purposes of simplifying the registration statement for smaller offerings and promoting uniformity with other states, the administrator may adopt, by rule, a form to be used as the registration statement for securities being registered under this section and sold in offerings in which the aggregate offering price does not exceed the maximum amount specified in the rule. The form need not require all the information included in this section and may require information not included in this section.
6-A.
Short-form registration statement.
The administrator may adopt by rule a form to be used as a short-form registration statement for securities being registered under this section and sold in offerings in which:
7.
Rulemaking.
Rules adopted pursuant to this section are routine technical rules as defined in Title 5, chapter 375, subchapter 2‑A.