S.C. Code Regs. § 13-309 - Offerings Made Under Tier 2 of Federal Regulation A
A. Initial Filings. An issuer planning to
offer and sell securities in this state in an offering exempt under Tier 2 of
federal Regulation A shall submit the following at least 21 calendar days prior
to the initial sale in this state:
(1) A
completed Uniform Notice of Regulation A - Tier 2 Offering filing form, or
copies of all documents filed with the Securities and Exchange
Commission;
(2) A consent to
service of process on Form U-2 if not filing on the Uniform Notice of
Regulation A - Tier 2 Offering filing form; and
(3) A non-refundable filing fee of five
hundred dollars.
B.
Term. The notice filing is effective for twelve months from the date of the
filing with this state.
C.
Renewals. For each additional twelve-month period in which the same offering is
continued, an issuer conducting a Tier 2 offering under federal Regulation A
may renew its notice filing by filing the following on or before the expiration
of the notice filing:
(1) The Uniform Notice
of Regulation A - Tier 2 Offering filing form marked "renewal" and a cover
letter or other document requesting renewal; and
(2) A non-refundable renewal fee of five
hundred dollars.
Notes
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