1. A Tier 2 issuer planning to offer and sell securities in this State shall, not less than 21 calendar days before the initial sale of the securities in this State, submit to the Administrator:(a) At least one of the following:(1) A completed Uniform Notice of Regulation A " Tier 2 Offering notice filing form; or(2) A copy of every document filed with the Securities and Exchange Commission;(b) If the Tier 2 issuer submits the documents described in subparagraph (2) of paragraph (a), a completed Uniform Consent to Service of Process Form (Form U-2); and(c) The fee prescribed by subsection 2 of NRS 90.500.2. The submission required by subsection 1 is effective for 1 year after the date on which the documents and fee are received by the Administrator.3. If the Tier 2 issuer described in subsection 1 wishes to offer a security beyond the initial 1-year period described in subsection 2, the Tier 2 issuer must, on or before the expiration of such period, submit to the Administrator: (a) At least one of the following: (1) A completed Uniform Notice of Regulation A " Tier 2 Offering notice filing form marked "renewal"; or(2) A cover letter or other document requesting such renewal;(b) A fee in the amount prescribed by subsection 2 of NRS 90.500 to renew the unsold portion of securities for which the fee described in subsection 2 was paid; and(c) If the amount of securities subject to this section has been increased in accordance with subsection 4 since the initial period described in subsection 2, a fee in the amount prescribed by subsection 2 of NRS 90.500 to cover the increase in the amount of securities.4. A Tier 2 issuer may increase the amount of securities offered in this State if the Tier 2 issuer, before offering the additional securities, submits to the Administrator:(a) At least one of the following:(1) A completed Uniform Notice of Regulation A " Tier 2 Offering notice filing form marked "amendment"; or(2) Any other document describing the transaction; and(b) The fee calculated pursuant to subsection 14 of NRS 90.500 to cover the increase in the amount of securities being offered.5. As used in this section, "Tier 2 issuer" means an issuer who offers and sells securities in this State where the offerings are made under Tier 2 of Federal Regulation A and: (a) Section 18(b)(3) and section 18(b)(4) of the Securities Act of 1933;(b) Section 18(c)(2) of the Securities Act of 1933; or(c) Both paragraphs (a) and (b).Nev. Admin. Code § 90.Sec. 28
Added to NAC by Sec'y of State by R018-21A, eff. 6/2/2023