44-1898. Registration in securities register of securities complying with requirements for registration by qualification; sale of registered securities authorized; delivery of prospectus to purchasers
A. Except as provided in section 44-1901, the director shall within a reasonable time examine an application for registration of securities by qualification and all documents and exhibits filed therewith. When an applicant has fully complied with the provisions of this article relating to registration by qualification, and the rules of the commission thereunder, the director shall register the securities in a register of securities, subject to the limitations and conditions imposed by the commission in accordance with this chapter, unless the commission finds cause for denial as provided in section 44-1901 or article 8 of this chapter.
B. The director shall, by mail, give notice to the issuer of the effective date of registration.
C. After such registration, the securities may be sold by any registered dealer or by any registered salesman employed by a registered dealer.
D. There shall be delivered to each purchaser of securities registered by qualification, before the conclusion of any contract of sale of such securities, a copy of the prospectus meeting the requirements of section 44-1894, 44-1896, 44-1899 or 44-1901 if the prospectus is used more than one year from the effective date of registration of the securities.
Section: Previous 44-1891 44-1892 44-1893 44-1894 44-1895 44-1896 44-1897 44-1898 44-1899 44-1900 44-1901 44-1902 44-1921 44-1922 44-1923 NextLast modified: October 13, 2016