18 N.C. Admin. Code 6A.2027

Current through Register Vol. 39, No. 9, November 1, 2024

Section 06A .2027 - ESCROW AGENT REQUIREMENTS

Pursuant to the escrow agreement consistent with Rules .2017 through .2028 of this Section, an escrow agent for the issuer's securities offering, including a lawyer, shall:

(1) collect at least the following information from the issuer or investors:

(a) name of the investors;

(b) residence of the investors;

(c) the aggregate amount of securities sold during the offering, expressed as:

(i) numbers of units of securities sold; and

(ii) dollars raised by the sale of securities; and

(2) make such documents available to the Administrator upon request.

18 N.C. Admin. Code 06A .2027

Authority G.S. 78A-17.1(a)(5); 78A-17.1(f); 78A-49(a); 78A-49(d); 78A-64; S.L. 2016-103, s.4.(a);
Eff. April 1, 2017.

Authority G.S. 78A-17.1(a)(5); 78A-17.1(f); 78A-49(a); 78A-49(d); 78A-64; S.L. 2016-103, s.4.(a);
Eff. 4/1/2017.