All issuers who wish to offer to sell any securities from,
in, or into this state in reliance on the exemption afforded to written
employee compensatory benefit plans under T.C.A. §
48-1-103(b)(9)(A)(iii)
must file with the commissioner no later
than fifteen (15) days after the first sale, as defined under T.C.A. §
48-1-102(19)(A),
from, in, or into Tennessee:
(1) A
completed and properly executed Form IN-1461, "Notice of Sale of Securities
Pursuant to Employee Purchase/Option Plan Exemption", as provided by the
Division;
(2) A completed and
properly executed consent to service of process on Form U-2, or in such other
format acceptable to the Division, as provided under T.C.A. §
48-1-124(e);
(3) A completed and properly executed Form
U-2A, if applicable;
(4) The filing
fee as provided under T.C.A. §
48-1-103(b)(9)(A)(iii)(c);
and
(5) A statement specifying the
date of the first sale, if any, of such securities from, in, or into this
state.
Notes
Tenn. Comp. R.
& Regs.
0780-04-02-.13
Original rule
filed May 15, 2002; effective July 29, 2002. Repeal and new rule filed March
16, 2015; effective June 14, 2015. Amendments filed November 30, 2017;
effective 2/28/2018.
Authority: T.C.A. §§
48-1-103(b)(9),
48-1-115,
48-1-116,
48-1-124, and Public Acts of 2001,
Chapter 278.
