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 08.870 - Website operated by issuer

Universal Citation: 3 AK Admin Code 08.870

Current through February 24, 2025

(a) An issuer relying on the exemption in AS 45.55. 175 may use a website operated by the issuer to advertise, offer, and sell securities if the issuer

(1) segregates all advertising materials and information relating to the offer and sale of securities on a webpage that is not accessible by the general public;

(2) provides a disclaimer on its website explaining that access to securities offerings on the website is limited to residents of this state only and that offers and sales of securities are limited to residents of this state only;

(3) requires an affirmative representation by a visitor to the website that the visitor is a resident of this state before the visitor can view securities-related offering materials on the website; and

(4) supplies the administrator with the address of each webpage where the offering material is located on the notice form required by 3 AAC 08.810(a)(1) and provides the administrator with full access to each webpage at all times.

(b) An issuer using its own website to advertise, offer, and sell securities is not required to comply with 3 AAC 08.880.

Authority: AS 45.55.175

AS 45.55.950

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