Minn. R. agency 120, ch. 2810, REGISTRATION, START-UP, DISCLOSURES, LICENSES, AND STATEMENTS, pt. 2810.2100

Current through Register Vol. 49, No. 24, December 9, 2024
Part 2810.2100 - PREPARING APPLICATIONS FOR REGISTRATION BY QUALIFICATION

The guidelines set forth hereafter are intended to indicate the form and informational content of an application for registration required by the commissioner of commerce. These guidelines shall be applicable to applications filed for registration by qualification pursuant to Minnesota Statutes, section 83.23. The primary purpose of the application for registration is to provide compliance with the requirements of Minnesota Statutes, chapter 83 and the rules promulgated thereunder. The information to be included in the application for registration is set out in detail in this section. The information requested is not to be viewed as determinative of the entire obligation of disclosure. Disclosure and the manner of disclosure will depend upon the particular facts and circumstances involved. Disclosure means more than merely compiling the information requested by the application form or supplying the information suggested by the guidelines. This obligation is the independent obligation of the subdivider, its counsel, its accountant, and others contributing to the disclosure to the extent of their contribution. Applications for registration which are inadequately prepared and seriously deficient in terms of compliance with the statute and rules will be summarily denied.

Minn. R. agency 120, ch. 2810, REGISTRATION, START-UP, DISCLOSURES, LICENSES, AND STATEMENTS, pt. 2810.2100

9 SR 1575

Statutory Authority: MS s 83.38