S.D. Admin. R. 20:08:04:116

Current through Register Vol. 51, page 67, December 16, 2024
Section 20:08:04:116 - Advertising

For purposes of SDCL 47-31B-301, an issuer or a selling security holder (and any person acting on behalf of either of them) that publishes through any medium a notice of a proposed offering to be registered under SDCL chapter 47-31 B is not deemed to offer its securities for sale through that notice if the notice meets the requirements as set forth in Reg. § 230.135 of the Securities Act of 1933. The advertisement does not need to be filed with the division.

S.D. Admin. R. 20:08:04:116

37 SDR 112, effective 12/9/2010.

General Authority: SDCL 47-31B-301(2).

Law Implemented: SDCL 47-31B-103, 47-31B-202(13).