Fla. Admin. Code Ann. R. 69W-500.019 - Accredited Investor Exemption

(1) Issuers conducting an offering pursuant to Section 517.061(11), F.S., shall file a notice of transaction, a consent to service of process, and a copy of the general announcement, electronically on the Office of Financial Regulation's website at https://real.flofr.gov through the Regulatory Enforcement and Licensing (REAL) System within fifteen (15) days after the first sale is made in this state.

(2) A notice of transaction providing the following information will be deemed to satisfy the requirements of subsection (1):

(a) A statement that the issuer is conducting an offering pursuant to Section 517.061(11), F.S.;

(b) The business name of the issuer;

(c) The issuer's state of incorporation or organization;

(d) The business address of the issuer;

(e) The date of the first sale made in this state; and

(f) Name, phone number, and email address for the person to be contacted about the filing.

(3) A consent to service of civil process, similar to that provided for in Section 517.101, F.S., will be deemed to satisfy the requirements of subsection (1).

Notes

Fla. Admin. Code Ann. R. 69W-500.019

Rulemaking Authority 517.03(1), 517.061(11) FS. Law Implemented 516.061(11) FS.

Adopted by Florida Register Volume 50, Number 197, October 8, 2024 effective 10/20/2024.