Section 73-02-05-01 - Required statement1. Unless otherwise specifically provided in this section or otherwise waived by the commissioner, the following statement shall be set forth in capital letters printed in boldface type on the outside front cover of any prospectus intended for use or delivery in North Dakota: THESE SECURITIES HAVE NOT BEEN APPROVED OR DISAPPROVED BY THE SECURITIES COMMISSIONER OFTHE STATE OF NORTH DAKOTA NOR HAS THE COMMISSIONER PASSED UPON THE ACCURACY OR ADEQUACY OF THIS PROSPECTUS. ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL OFFENSE.
2. The statement prescribed under subsection 1 shall not be required on a prospectus which conforms to the requirements established under the Securities Act of 1933 or any rules or regulations promulgated thereunder. General Authority: NDCC 28-32-02
Law Implemented: NDCC 10-04-08.3
N.D. Admin Code 73-02-05-01