An investment adviser registered or required to be registered under the Act shall, in accordance with 17 CFR 275.204-3 under the Investment Advisers Act of 1940, deliver to each advisory client and prospective advisory client with a written disclosure statement that complies with 17 CFR 275.204-1(b) of the Investment Advisers Act of 1940.
Idaho Admin. Code r. 12.01.08.095