Missouri Code of State Regulations
Title 15 - ELECTED OFFICIALS
Division 30 - Secretary of State
Chapter 52 - Registration of Securities
Section 15 CSR 30-52.010 - General Provisions
Current through Register Vol. 49, No. 18, September 16, 2024
PURPOSE: This rule prescribes general policies, and the meaning of terms under the Act and under Chapter 52 of the regulations.
(1) Securities may be registered by coordination or qualification.
(2) The reference to a registration statement being on file for twenty (20) days with the commissioner under section 409.3-303(c), RSMo shall mean twenty (20) business days. The term "business days" would exclude weekends and holidays.
(3) For purposes of these rules contained in Chapter 52, an issuer in the promotional or development stage shall have the same meaning as the term "promotional or development stage company" that is defined in the North American Securities Administrators Association, Inc. (NASAA) Statement of Policy Regarding Corporate Securities Definitions.
*Original authority: 409.3-303, RSMo 2003; 409.3-304, RSMo 2003; 409.6-605, RSMo 2003.