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(a) As an alternative to a registration procedure under this chapter, a corporation or limited liability company issuing securities that are exempt from registration with the SEC under either 17 C.F.R. 230.251 - 17 C.F.R. 230.263 (Regulation A) or 17 C.F.R. 230.501 - 17 C.F.R. 230.504 and 17 C.F.R. 230.507 (Rule 504 of Regulation D), may use the NASAA registration Form U-7, or its successor, as the disclosure document for the offering.
(b) The administrator will, in the administrator's discretion, for good cause shown, waive or modify a requirement of 3 AAC 08.600 - 3 AAC 08.650.
(c) The administrator will, in the administrator's discretion, apply a provision of 3 AAC 08.080 - 3 AAC 08.230 to offerings under 3 AAC 08.600 - 3 AAC 08.650, if the administrator determines that application of that provision is necessary for the protection of investors.
History: Eff. 9/18/91, Register 119; am 4/19/2000, Register 154
Authority: AS 45.55.110
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The Alaska Administrative Code was automatically converted to HTML from a plain text format. Every effort has been made to ensure its accuracy, but neither Touch N' Go Systems nor the Law Offices of James B. Gottstein can be held responsible for any possible errors. This version of the Alaska Administrative Code is current through June, 2006.
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Last modified 7/05/2006