44-1873. Recording of registration; effective
date of registration; renewal; eligibility of registered
securities for sale
A. Upon the receipt of a registration statement and the registration fee, and, if
required, a consent to service of process, the director shall record the registration of
the securities by description in a register of securities. A registration statement
filed under the provisions of section 44-1872 shall be effective when filed with the
commission.
B. The registration shall be effective for a period of one year and may be renewed
for additional periods of one year, if the securities are entitled to registration by
description under section 44-1871 at the time of renewal, by the filing of a new
registration statement under section 44-1872 together with payment of the fee prescribed
in subsection C of section 44-1861.
C. When registered by description as provided in this section, the securities may
be sold in this state by any registered dealer or by any registered salesman employed by
a registered dealer.
|