Alaska Administrative Code
Title 3 - Commerce, Community, and Economic Development
Part 1 - Banking, Securities, Small Loans and Corporations
Chapter 08 - Securities
Article 5 - Small Corporate Offering Registration SCOR Procedure
3 AAC 08.640 - Registration and reporting for small corporate offerings

(a) The issuer shall pay a registration and filing fee as provided in 3 AAC 08.920(a) (5) for the registration of the offering under NASAA Form U-7.

(b) An issuer may register up to five salespersons as agents of the issuer who are exempt from the examination requirement of 3 AAC 08.011(h) (2). To register an agent, the issuer must file an application for registration in accordance with 3 AAC 08.011(h) (1) and pay a fee in accordance with 3 AAC 08.015(a) (1)(B). A salesperson may not be registered to more than one issuer at a time without compliance with the dual registration provisions of 3 AAC 08.010(e) - (f).

(c) For three years after the close of the offering, the issuer shall maintain and keep open for inspection by the administrator all