Sec. 47-95. Amendment to offering; commission approval; effective date.
98 words·~1 min read·
/ct/title-47/chapter-826-real-estate-syndicates/47-95·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(a)After the permit has been issued authorizing the sale of real estate syndicate securities, no change, alteration or modification of the offering shall be made without first notifying the commission in writing thereof and obtaining an amended permit or written approval of the commission.
(b)An amendment to an application filed after the effective date of the qualification of the sale of real estate syndicate securities, if such amendment is approved by the commission, shall become effective on such date as the commission may determine, having due regard to the public interest and the protection of investors.