6 Del. Admin. Code § 200-E-502

Current through Register Vol. 28, No. 5, November 1, 2024

Section 200-E-502 - Limited Offering Exemption

(a) The exemption under Section 73-207(b)(9) of the Act is withdrawn as to any security offered or sold in Delaware.

(b) Except as provided otherwise in these Rules, an offer of securities in the State of Delaware that qualifies for exemption under any limited or private offering exemption in or promulgated pursuant to the Securities Act of 1933 or the Securities and Exchange Act of 1934, including Rule 504 of SEC Regulation D (17 C.F.R. §§230.504), shall be exempt from the requirements of Sections 73-202, 73-208 and 73-211 of the Act, so long as the issuer has filed with the Director a notice on Form LOE ("Notice of Limited Offering Exemption") no later than 15 days after the first sale of such security in this state.

14 DE Reg. 664 (01/01/11)
15 DE Reg. 529 (10/01/11)
18 DE Reg. 394 (11/1/2014)
23 DE Reg. 776 (3/1/2020) (Final)