Current through Register Vol. 48, No. 39, March 25, 2024
Subpart 1.
Section 18(b)(2)
securities.
With respect to a federal covered security, as defined in
section 18(b)(2) of the Securities Act of 1933, United States Code, title 15,
section 77r(b)(2), that is not otherwise exempt under Minnesota Statutes,
sections
80A.45
to
80A.47:
A. An initial notice filing by or on behalf
of an issuer must be filed with the administrator, and the notice filing must
contain:
(1) Form NF (Uniform Investment
Company Notice Filing), completed in accordance with the Form NF
Instructions;
(2) a consent to
service of process complying with Minnesota Statutes, section
80A.88;
and
(3) a filing fee to be
determined in accordance with Minnesota Statutes, section
80A.65,
subdivision 1, paragraph (c).
B. On or before expiration of a notice
filing, the issuer may amend or renew a notice filing by filing Form NF and a
fee, if applicable.
C. All notice
filings expire at midnight on June 30.
Subp. 2.
Section 18(b)(4)(D)
securities.
With respect to a security that is a federal covered security
under section 18(b)(4)(D) of the Securities Act of 1933, United States Code,
title 15, section 77r(b)(4)(D), a notice filing by or on behalf of an issuer
must be filed with the administrator, and the notice filing must
contain:
A. a copy of Form D as
promulgated by the Securities and Exchange Commission;
B. a report of the aggregate value of
securities included in this offering already sold or offered to be sold to
persons located in this state;
C. a
consent to service of process complying with Minnesota Statutes, section
80A.88,
signed by the issuer not later than 15 days after the first sale of the federal
covered security in Minnesota; and
D. a filing fee to be determined in
accordance with Minnesota Statutes, section
80A.65,
subdivision 1, paragraph (a).
Statutory Authority: MS s
45.023;
80A.82
