Idaho Administrative Code
Title IDAPA 12 - Finance, Department of
Rule 12.01.08 - RULES PURSUANT TO THE UNIFORM SECURITIES ACT (2004)
Section 12.01.08.044 - RECORDS TO BE PRESERVED BY ISSUERS
Universal Citation: ID Admin Code 12.01.08.044
Current through August 31, 2023
01. Required Records. All issuers who effect sales of registered securities, other than through a broker-dealer, shall preserve the following records for at least three (3) years following the expiration of the registration: (3-23-22)
a. Copies of all documents contained in the
registration statement; (3-23-22)
b. Copies of all advertisements, including a
record of the dates, names and addresses of media carrying those
advertisements; (3-23-22)
c. Copies
of all communications received and sent by the issuer pertaining to the offer,
sale and transfer of the securities, including purchase agreements and
confirmations; and (3-23-22)
d. A
list of the name, address and telephone number of each investor to whom the
securities were sold, and for each such person, information regarding:
(3-23-22)
i. The type of securities sold;
(3-23-22)
ii. The number and amount
of securities sold; (3-23-22)
iii.
The type of consideration paid; and (3-23-22)
iv. The name of the agent that sold the
securities. (3-23-22)
02. Retention Period. An issuer will need to retain the records set forth in Subsection 044.01 of this rule for each investor at least three (3) years after the investor's investment has terminated, even if more than three (3) years has lapsed since the expiration of the registration. (3-23-22)
03. Form. Records may be stored in paper form or electronically. (3-23-22)
Disclaimer: These regulations may not be the most recent version. Idaho may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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