69W-700.020. Termination Date of Registration, Prospectuses not to be Used After Certain Date
Effective on Monday, September 20, 1982
1(1) In the event that an offering of securities is not completed within six (6) months from the effective date of registration, a revised red-lined prospectus shall be prepared and filed for approval by the Office of Financial Regulation, not later than thirty (30) days prior to the expiration date of the prospectus then in use. The revised prospectus shall provide supplemental red-lined information as may be deemed necessary by the Office of Financial Regulation in order that investors may exercise an informed judgment in determining whether or not to purchase such securities.
94(2) No prospectus shall be used after the material contained therein becomes materially inaccurate or misleading. In such event, sales shall be discontinued and a revised prospectus shall be prepared and filed for approval by the Office of Financial Regulation.
