Nevada Administrative Code
Chapter 90 - Securities
Section 90.Sec. 30 - NEW
Current through February 27, 2024
In addition to any requirement prescribed by section 29, a subscription agreement may be provided by an issuer or an agent acting on behalf of the issuer electronically for review and completion if the subscription process is administered in a manner that is similar to the administration of subscription agreements in paper form and:
1. Before completion of the subscription agreement, the issuer or agent acting on behalf of the issuer reviews with the prospective investor all appropriate documentation related to the prospective investment, including, without limitation, any document or instruction on how to complete the subscription agreement;
2. Mechanisms are established to ensure a prospective investor reviews all required disclosures and scrolls through the document in its entirety before initialing or signing; and
3. Unless otherwise allowed by the Administrator, a single subscription agreement is used to subscribe a prospective investor in not more than one offering.
Added to NAC by Sec'y of State by R018-21A, eff. 6/2/2023
NRS 90.390, 90.750
