II(p) Checklist

  • moose

    See RSA 421-B:17, II(p).  For securities transactions pursuant to an offer to existing security holders of the issuer, where the securities held by such existing security holders were issued by the issuer for value, and commissions or other remuneration is paid, directly or indirectly, for soliciting any security holder in this state, the requirements are as follows: 

    1.  The issuer files a notice specifying the terms of the offer; 
    2.  The notice must be on file with the Bureau for at least ten (10) business days before the offer is made.  Should the Bureau disallow the exemption by order within this period of time, the exemption cannot be claimed.