Rule 13-2-8.6 - Public Offerings Of Affiliated CompaniesPrior approval of the Commission is required for any public offering of any securities of an affiliated company:
(a) Which is not a publicly traded corporation if the securities will be offered by such an affiliated company or by a controlling person thereof.(b) Which is a publicly traded corporation if the securities will be offered by such affiliated company and if such securities or the proceeds from the sale thereof are intended to be used: 1. To pay for construction of gaming facilities in Mississippi to be owned or operated by the affiliated company or a subsidiary of the affiliated company;2. To acquire any direct or indirect interest in gaming facilities in Mississippi;3. To finance the operation by the affiliated company or a subsidiary of such affiliated company of gaming facilities in Mississippi; or4. To retire or extend obligations incurred for one or more such purposes. (Adopted: 09/25/1991.)Miss. Code Ann. § 75-76-53