New York Codes, Rules and Regulations
Title 13 - DEPARTMENT OF LAW
Chapter IV - INTRASTATE FINANCING
Part 80 - INTRASTATE FINANCING
Section 80.4 - Small offerings
In lieu of the prospectus called for by the New York Intrastate Financing Act, an issuer proposing a small offering, as defined in these regulations, may submit to the Department of Law a prospectus on form INTRASTATE-5 (Short Form Prospectus) which prospectus may be accepted for filing by the Department of Law, if, on its face, the offering is fair, just and equitable and not part of a series of offerings which in total exceed $40,000. Said small offering prospectus shall consist of form INTRASTATE-5 reproduced by photocopy or otherwise plus any additional supplemental information called for by the Department of Law.
Amended New York State Register July 3, 2018/Volume XL, Issue 27, eff. 7/3/2018