Nev. Admin. Code § 90.534

Current through December 12, 2024
Section 90.534 - Certain offers of securities made over the Internet or similar electronic system
1. An offer to sell or purchase a security that is made over the Internet, World Wide Web, or other similar proprietary or common carrier electronic system into this State is an offer to sell or an offer to purchase pursuant to NRS 90.830.
2. An offer made into this State pursuant to subsection 1 is exempt from the provisions of NRS 90.460 and 90.560 if:
(a) The offer indicates, directly or indirectly, that the securities are not being offered to the residents of this State; and
(b) An offer is not otherwise specifically directed to any person in a state by, or on behalf of the issuer of the securities.
3. No sales of the securities may be made in this State until the offering has been registered and declared effective and the final prospectus has been delivered to the investor before such sale or the sales are exempt from registration and the appropriate notice, if required, has been filed with the Administrator.

Nev. Admin. Code § 90.534

Added to NAC by Sec'y of State, eff. 10-30-97; A by R018-21A, eff. 6/2/2023

NRS 90.540, 90.750, 90.830