Nebraska Administrative Code
Topic - BANKING AND FINANCE, DEPARTMENT OF
Title 48 - DEPARTMENT OF BANKING AND FINANCE
Chapter 20 - FEDERAL COVERED SECURITIES
Section 48-20-004 - OFFERINGS BY AGRICULTURAL CO-OPERATIVES
Current through March 20, 2024
An issuer offering a security which is a covered security pursuant to Section 18(b)(4)(C) of the Securities Act of 1933, 15 U.S.C. § 77r(b)(4)(C) and which is exempt from federal registration pursuant to Section 3(a)(5)(B), 15 U.S.C. § 77c(a)(5)(B), thereof, shall file the following information with the Director prior to the issuance of such security in this state:
004.01 The name and address of the issuer;
004.02 The place and date of incorporation;
004.03 The type of security being issued;
004.04 The total amount of securities to be sold by the issuer, both in Nebraska and nationwide;
004.05 An indication as to whom sales will be made: present members, patrons, or the general public;
004.06 A description of the method by which the securities will be sold;
004.07 The name and address of the registered broker-dealer who will be selling the securities;
004.08 A balance sheet and income statement for the past two years;
004.09 A description of the intended use of the proceeds;
004.10 The interest rate to be paid, if the offering involves debt securities;
004.11 Evidence of sufficient financial resources to service its debts for the next two years; and
004.12 A filing fee of two hundred dollars ($200.00).
