Regulation D, Rule 506 Notice Filing Requirements
Effective December 7, 2014
North Dakota now permits issuers offering a security pursuant to Regulation D, Rule 506 to file the notice via the Electronic Filing Depository (EFD) by providing all required information as prescribed by EFD and the appropriate fee in a manner prescribed by EFD. To register and obtain more information about EFD, visit www.efdnasaa.org.
Effective July 1, 2009
The notice filing is effective for a period of one (1) year from the date the filing is received by the department.
There is no renewal provision. Should the offering proceed beyond the one (1) year period, it is necessary to re-file the same documents and fee as were originally filed, except Form U-2 which may be incorporated by reference.
No commission or other remuneration may be paid for soliciting any prospective buyer in this state, except to a dealer and agent registered in the state.
The filing fee shall be $100 in the event the filing is made within 15 days after the date of the first sale in the state.
The filing fee shall be $250 in the event the filing is not made within 15 days after the date of the first sale in the state.
Please make check payable to the NORTH DAKOTA SECURITIES DEPARTMENT.
An amendment is to be filed in the event the name of the issuer changes while the filing is in an active status.