30-10-211. Federal covered securities.
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/mt/title-30/chapter-10/part-2/30-10-211·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
30-10-211 . Federal covered securities.
(1)An issuer is required to file the following documents with respect to a federal covered security provided for in section 18(b)(2) of the Securities Act of 1933:
(a)documents that are part of a current federal registration statement filed with the securities and exchange commission or amendments to a current registration statement filed with the securities and exchange commission;
(b)a consent to the service of process signed by the issuer and payment of the fee required in 30-10-209 ; and
(c)annual or periodic reports of the value of the federal covered securities offered or sold in this state.
(2)The issuer of a federal covered security under 18(b)(4)(D) of the Securities Act of 1933 is required to file within 15 days after the first sale in this state a notice on a form prescribed by the commissioner and a consent to service of process and is required to pay the notice filing fee prescribed in 30-10-209 .
(3)The commissioner may require the filing of any document filed with the securities and exchange commission under the Securities Act of 1933, with respect to a federal covered security under section 18(b)(3) or
(4)of the Securities Act of 1933, and may require payment of the notice filing fee prescribed in 30-10-209 .
(4)The commissioner may issue a cease and desist order suspending the offer and sale of a federal covered security if the commissioner finds that the order is in the public interest and there is a failure to comply with any requirement of this section.
(5)The commissioner may waive any of the provisions of this section.