Alaska Administrative Code
Title 3 - Commerce, Community, and Economic Development
Part 1 - Banking, Securities, Small Loans and Corporations
Chapter 08 - Securities
Article 7 - Small Intrastate Securities Offerings
3 AAC 08.810 - Notice filing requirements
Current through February 24, 2025
(a) In an offering conducted in reliance upon the crowdinvesting exemption in AS 45.55.175, the issuer shall file with the administrator, not later than 10 days before the use of a general solicitation or not later than 15 days after the first sale of a security,
(b) A notice filing under this section is effective for one year from the date the administrator receives all the items required by (a) of this section. To renew a notice in which the same offering is continued, the issuer shall submit the items required by (a) of this section, as if the issuer were making an initial filing.
(c) An issuer who has filed a notice filing under this section shall update any material change on the notice filing form and file it with the administrator not later than 30 days from the date of the change.
(d) To claim an exemption under AS 45.55. 175, an issuer must have an active business license issued under AS 43.70.
Authority: AS 45.55.175
AS 45.55.950