reglab/statecodes huggingface dataset:
Illinois Administrative Code › Title 14 - COMMERCE › Part 130 - REGULATIONS UNDER ILLINOIS SECURITIES LAW OF 1953 › Subpart E - REGISTRATION OF SECURITIES › Section 130.520 - Procedures for Registration of Securities by Qualification under Section 5.B of the Act

Current through Register Vol. 48, No. 28, July 12, 2024
a) Application for
				registration of securities pursuant to Section 5.B of the Act shall be made
1) by filing the following documents with the
				Securities Department in Springfield or Chicago, Illinois in the form required
				by Section 5.B of the Act:
A) A completed
				Application to Register Securities on Form U-1, executed by the applicant, if a
				natural person; or by a general partner, if the applicant be a partnership
				only; or by an officer of the applicant, if a corporation; or in other cases by
				an authorized agent of the applicant, setting forth the name and address of the
				issuer, the title and total amount of the securities to be offered, the amount
				of the securities to be registered in this State pursuant to the Application,
				the proposed maximum aggregate price for the securities being registered as
				defined in Section
				130.251
				of this Part, and the aggregate underwriting commissions, remuneration or
				discount;
B) A copy of the
				prospectus for the securities being registered conforming to the requirements
				of Section 5.B(3) or 5.B(4) of the Act, as applicable;
C) A copy of the indenture or other
				instrument if any, under which the securities are to be or have been issued, as
				amended through the date of filing;
D) A specimen copy of the securities or a
				copy of the form of the instrument, if any, to evidence the
				securities;
E) An opinion of
				counsel as to the legality of the securities;
F) A copy of the underwriting and selling
				agreements, if any;
G) An
				undertaking to file promptly with the Secretary of State any and all amendments
				of and supplements to the prospectus as filed under Section 5.B of the Act,
				accompanied by the examination fee specified in Section
				130.110;
				and
H) The name of at least one
				registered dealer for the securities being registered under Section 5.B of the
				Act, or if no registered dealer is participating in the offering, a description
				of the method by which the securities being registered will be offered and sold
				in Illinois in compliance with Section 8 of the Act; and
Illinois Administrative Code › Title 14 - COMMERCE › Part 130 - REGULATIONS UNDER ILLINOIS SECURITIES LAW OF 1953 › Subpart E - REGISTRATION OF SECURITIES › Section 130.530 - Renewal of Registration of Securities Under Section 5.E of the Act

Current through Register Vol. 48, No. 28, July 12, 2024
a) An issuer,
				controlling person or registered dealer shall file an application for renewal
				of registration of part or all of the securities that remain unsold by filing
				with the Securities Department, no later than 10 business days prior to the
				date upon which the registration under Section 5.A of the Act or renewal under
				Section 5.E of the Act would expire, on Form U-1 executed by an officer of the
				issuer, controlling person or registered dealer and pay the fee set forth in
				Section
				130.110. The
				application shall be accompanied by a copy of the prospectus in its most
				current form.
b) Any application
				for renewal of registration of securities filed with or fee paid to the
				Securities Department within nine business days or less prior to the date upon
				which the registration or renewal would expire shall pay an additional fee set
				forth in Section 130.110.
c) Any
				application for renewal of registration of securities filed with or fee paid to
				the Securities Department on or after the date upon which the registration has
				expired shall pay an additional fee set forth in Section
				130.110 until the
				application is filed and the renewal fee and all latefees are paid.
d) The renewal of the registration under
				subsection (a), (b) or (c) shall take effect as of the date that the prior
				registration or renewal expired.
e)
				No application for renewal of registration of securities shall be deemed to be
				filed or take effect if the application, renewal fee or additional fee was
				filed with or paid to the Securities Department more than one year after the
				most recent expiration of the registration or renewal of the
				registration.
f) Prior to the
				renewal of any registration or renewal, the issuer, controlling person or
				registered dealer shall file with the Securities Department the name of at
				least one registered dealer that will be offering or selling the securities or
				file an application for registration on Form U4 or renewal on Form 8.C(1) for
				at least one salesperson that the Securities Department will grant registration
				of, or renewal of registration of, concurrently with the renewal of the
				registration of the securities and pay to the Securities Department the fee and
				the additional fee, if any, set forth in Section 130.110.
Illinois Administrative Code › Title 14 - COMMERCE › Part 130 - REGULATIONS UNDER ILLINOIS SECURITIES LAW OF 1953 › Subpart E - REGISTRATION OF SECURITIES › Section 130.531 - Computation of Fees

Current through Register Vol. 48, No. 28, July 12, 2024
a) At the time
				of filing an application for registration under Section 5.B of the Act, there
				shall be paid to the Secretary of State an examination fee as specified in
				Section
				130.110(a)
				of this Part.
b) Prior to the time
				of registration under Sections 5.A., 5.B. of the Act, there shall be paid to
				the Secretary of State a registration fee as specified in Section
				130.110(a)
				of this Part.
c) Where securities
				are to be offered to existing security holders and the portion, if any, not
				taken by the security holders is to be reoffered to the general public, the
				registration fee is to be calculated upon the basis of the proposed offering
				price to the security holders or the proposed reoffering price to the general
				public, whichever is higher.
d)
				Where securities are to be offered in exchange for other securities (except
				where such exchange results from the exercise of a conversion privilege), the
				registration fee is to be calculated as follows:
1) Upon the basis of the market value of the
				securities to be received by the registrant in the exchange as established by
				bona fide transactions as of a specified date within 7 days of the effective
				date of the offering.
2) If there
				is no market for the securities to be received by the registrant in the
				exchange, the book value of the securities computed as of the latest
				practicable date prior to the date of registration shall be used, unless the
				issuer of the securities is in bankruptcy or receivership, in which case
				one-third of the principal amount, par value or stated value of the securities
				shall be used.
3) If any cash is to
				be received or paid in connection with the exchange, the amount thereof shall
				be deducted from or added to, as the case may be, the value of the securities
				to be received by the registrant in exchange as computed in accordance with (1)
				or (2) above.
4) Securities to be
				offered directly or indirectly in exchange for certificates of deposit shall be
				deemed to be offered in exchange for the securities represented by the
				certificates of deposit.
Illinois Administrative Code › Title 14 - COMMERCE › Part 130 - REGULATIONS UNDER ILLINOIS SECURITIES LAW OF 1953 › Subpart E - REGISTRATION OF SECURITIES › Section 130.532 - Registration of Additional Securities Pursuant to Section 5(C) (2) of the Act

Current through Register Vol. 48, No. 28, July 12, 2024
The registration of additional securities that are part of
				  the same offering for which an application for registration is already in
				  effect shall be effected pursuant to Section 5(C)(2) of the Act by filing an
				  amended cover page to the Form U-1 on file with the Securities Department to
				  reflect the increased amount of securities to be registered and paying to the
				  Securities Department the additional fee specified in Section
				  130.110 of this
				  Part.
Illinois Administrative Code › Title 14 - COMMERCE › Part 130 - REGULATIONS UNDER ILLINOIS SECURITIES LAW OF 1953 › Subpart E - REGISTRATION OF SECURITIES › Section 130.533 - Formal Requirements for Amendments Under Section 5 of the Act

Current through Register Vol. 48, No. 28, July 12, 2024
Any amendment to an application for registration under
				  Section 5 of the Act shall be filed under cover of an appropriate facing sheet,
				  shall be numbered consecutively in the order in which filed, and shall conform
				  to all pertinent Rules applicable to the original application for registration.
				  Each post-effective amendment which amends a prospectus filed pursuant to
				  Section 5(B) of the Act shall be accomplished by the examination fee specified
				  in Section
				  130.110 of this
				  Part.
Illinois Administrative Code › Title 14 - COMMERCE › Part 130 - REGULATIONS UNDER ILLINOIS SECURITIES LAW OF 1953 › Subpart E - REGISTRATION OF SECURITIES › Section 130.534 - Powers to Amend or Withdraw Registration Statement

Current through Register Vol. 48, No. 28, July 12, 2024
All persons signing an application for registration shall be
				  deemed, in the absence of a statement to the contrary, to confer upon the
				  applicant, and upon the correspondent named in the application for
				  registration, the following powers:
a)
				A power to amend the application for registration:
1) by altering the date of the proposed
				offering;
2) by filing any required
				written consent;
3) by correcting
				typographical errors; or
4) by
				reducing the amount of securities registered, pursuant to an undertaking
				contained in the application for registration;
Illinois Administrative Code › Title 14 - COMMERCE › Part 130 - REGULATIONS UNDER ILLINOIS SECURITIES LAW OF 1953 › Subpart E - REGISTRATION OF SECURITIES › Section 130.535 - Signatures of Amendments

Current through Register Vol. 48, No. 28, July 12, 2024
Every amendment to an application for registration shall be
				  executed in the same manner and by the same applicant as in the case of the
				  original application.
Illinois Administrative Code › Title 14 - COMMERCE › Part 130 - REGULATIONS UNDER ILLINOIS SECURITIES LAW OF 1953 › Subpart E - REGISTRATION OF SECURITIES › Section 130.536 - Delaying Amendments

Current through Register Vol. 48, No. 28, July 12, 2024
An amendment altering the proposed date of the public
				  offering may be made by telegram or by letter. Each such telegraphic amendment
				  shall be confirmed within a reasonable time by the filing of one copy which
				  shall be signed. The confirmation shall not be deemed an
				  amendment.
Illinois Administrative Code › Title 14 - COMMERCE › Part 130 - REGULATIONS UNDER ILLINOIS SECURITIES LAW OF 1953 › Subpart E - REGISTRATION OF SECURITIES › Section 130.538 - Withdrawal of Registration Statement, Amendment or Exhibit Filed Under the Federal 1933 Act

Current through Register Vol. 48, No. 28, July 12, 2024
An application for registration or an amendment or exhibit
				  may, prior to registration, be withdrawn by written request with the consent of
				  the Secretary of State. The written request for withdrawal shall state the
				  reasons for the withdrawal. Any previously paid fees related to the application
				  shall not be refunded. All papers comprising the application for registration
				  or amendment, except the application form, most current form of the
				  registration statement filed under the Federal 1933 Act or prospectus and
				  correspondence, shall be destroyed. The application form shall be plainly
				  marked with the date of the consent to withdraw and the following statement:
				  "Withdrawn upon the request of the applicant with the consent of the Secretary
				  of State". The Secretary of State shall deny the request for withdrawal of the
				  application for registration if the Secretary determines that there is a need
				  for investigation pursuant to Section 11 of the Act.
Illinois Administrative Code › Title 14 - COMMERCE › Part 130 - REGULATIONS UNDER ILLINOIS SECURITIES LAW OF 1953 › Subpart E - REGISTRATION OF SECURITIES › Section 130.540 - Procedure with Respect to Abandoning Registration Statements, Applications for Trading Authorizations and Post-Effective Amendments

Current through Register Vol. 48, No. 28, July 12, 2024
a) When an application for registration,
				authorization to trade or a post-effective amendment to such an application has
				been on file with the Secretary of State for a period of nine months and has
				not become effective, the Secretary of State may, in his or her discretion,
				proceed in the following manner to determine whether the application for
				registration or authorization to trade or amendment has been abandoned by the
				applicant. If the application for registration or authorization to trade has
				been amended, other than for the purpose of delaying the effective date
				thereof, or if the post-effective amendment has been amended, the nine-month
				period shall be computed from the date of the latest such amendment.
b) A notice will be sent to the applicant
				named in the application for registration or authorization to trade, by
				certified mail, return receipt requested, addressed to the most recent
				addresses for the applicant reflected in the application for registration or
				authorization to trade. The notice will inform the applicant that the
				application for registration or authorization to trade or amendment is out of
				date and must be either amended to comply with the applicable requirements of
				the Act or be withdrawn within 30 days after the date of notice or an Order of
				Abandonment shall be entered.
c) If
				the applicant fails to respond to such notice by filing a substantive amendment
				or withdrawing the application for registration or authorization to trade, the
				Secretary of State may, where consistent with the public interest and the
				protection of investors, enter an order declaring the application for
				registration or authorization to trade or amendment thereto
				abandoned.
d) When such an order is
				entered by the Secretary of State:
1) the
				examination fee or filing fee paid upon the filing of the application for
				registration or the filing fee paid upon the filing of the application for an
				authorization to trade will not be returned;
2) all papers comprising the application for
				registration or authorization to trade or amendment, with the exception of the
				application form, the most current form of the registration statement filed
				under the Federal 1933 Act or the offering document and correspondence, will be
				removed from the files of the Secretary of State; and
3) the application form will be plainly
				marked in the following manner: "Declared abandoned by order dated ."
Illinois Administrative Code › Title 14 - COMMERCE › Part 130 - REGULATIONS UNDER ILLINOIS SECURITIES LAW OF 1953 › Subpart E - REGISTRATION OF SECURITIES › Section 130.550 - Additional Fees Under Section 5 of the Act

Current through Register Vol. 48, No. 28, July 12, 2024
a) The Secretary shall impose an additional
				fee for the failure to file with the Securities Department written notice of
				SEC effectiveness within two (2) business days of the date that the SEC has
				granted effectiveness. The additional fee for the third through tenth day after
				SEC effectiveness shall be as set forth in Section
				130.110 of this
				Part.
b) The additional fee for
				filing written notice of SEC effectiveness after the tenth day after SEC
				effectiveness shall be as set forth in Section
				130.110 of this
				Part.
c) The Secretary shall waive
				the additional fee if:
1) the applicant has
				been granted a waiver of concurrent effectiveness under Section 5(A)(7) of the
				Act by the Secretary; or
2) the
				additional fee, if paid, would render the issuer insolvent as defined in
				Section
				130.200
				of this Part.
Illinois Administrative Code › Title 14 - COMMERCE › Part 130 - REGULATIONS UNDER ILLINOIS SECURITIES LAW OF 1953 › Subpart E - REGISTRATION OF SECURITIES › Section 130.570 - Legibility of Prospectuses

Current through Register Vol. 48, No. 28, July 12, 2024
The body of all printed prospectuses shall be in roman type
				  at least as large as 10-point modern type. However, to the extent necessary for
				  convenient presentation, financial statements and other statistical or tabular
				  data and the notes thereto may be in roman type at least as large as 8-point
				  modern type. All type shall be leaded at least 2 points.
Illinois Administrative Code › Title 14 - COMMERCE › Part 130 - REGULATIONS UNDER ILLINOIS SECURITIES LAW OF 1953 › Subpart E - REGISTRATION OF SECURITIES › Section 130.571 - Presentation of Information in Prospectuses

Current through Register Vol. 48, No. 28, July 12, 2024
a) The information required in a prospectus
				need not follow the order of the items or other requirements in the form. The
				information shall not, however, be set forth in such fashion as to obscure any
				of the required information or any information necessary to keep the required
				information from being incomplete or misleading. Where an item requires
				information to be given in a prospectus in tabular form, it shall be given in
				substantially the tabular form specified in the item.
b) All information contained in a prospectus
				shall be set forth under appropriate captions or headings reasonably indicative
				of the principal subject matter set forth thereunder. Except as to financial
				statements and other tabular data, all information set forth in a prospectus
				shall be divided into reasonable, short paragraphs or sections.
c) Every prospectus shall include in the
				forepart thereof a reasonably detailed table of contents showing the subject
				matter of the various sections or subdivisions of the prospectus and the page
				number on which each such section or subdivision begins.
d) All information required to be included in
				a prospectus shall be clearly understandable without the necessity of referring
				to the particular form or to the Rules. Except as to financial statements and
				information required in tabular form, the information set forth in a prospectus
				may be expressed in condensed or summarized form. Financial statements included
				in a prospectus are to be set forth in comparative form and shall include the
				notes thereto and the accountant's certificate.
e) Photographic reproductions of management,
				principal properties, or important products in prospectuses, all appropriately
				identified, are permissible where they do not tend to be misleading. However,
				artists', architects' or engineers' conceptions or renderings of uncompleted
				structures are not permissible since they may be misleading in that there is no
				assurance of completion of the structure or because of lack of accuracy of the
				conception or rendering, but accurate maps or surveys are permissible, where
				appropriate. Established corporate symbols or trademarks may be used, if they
				do not tend to be misleading.
Illinois Administrative Code › Title 14 - COMMERCE › Part 130 - REGULATIONS UNDER ILLINOIS SECURITIES LAW OF 1953 › Subpart E - REGISTRATION OF SECURITIES › Section 130.572 - Summaries or Outlines of Documents

Current through Register Vol. 48, No. 28, July 12, 2024
Where a summary or outline of the provisions of any document
				  is required, only a brief statement shall be made, in succinct and condensed
				  form, as to the most important provisions of the document. In addition to such
				  statement, the summary or outline may incorporate by reference particular
				  items, sections, or paragraphs of any exhibit and may be qualified in its
				  entirety by such reference. Matter contained in an exhibit may be incorporated
				  by reference in a prospectus only to the extent permitted by this
				  Section.
Illinois Administrative Code › Title 14 - COMMERCE › Part 130 - REGULATIONS UNDER ILLINOIS SECURITIES LAW OF 1953 › Subpart E - REGISTRATION OF SECURITIES › Section 130.573 - Preparation of Application for Registration

Current through Register Vol. 48, No. 28, July 12, 2024
a) Notwithstanding any requirement of the
				appropriate form to the contrary, a copy of the proposed prospectus may be
				filed as a part of the application for registration in lieu of furnishing the
				information in item-and-answer form. Whenever this procedure is followed,
				either pursuant to this Section or otherwise, the text of the items of the form
				are to be omitted from the registration statement, as well as from the
				prospectus, except to the extent provided in paragraph (b) of this section. All
				general instructions, instructions to items of the form and instructions as to
				financial statements, exhibits or prospectuses are to be omitted from the
				application for registration in all cases.
b) Where any items of a form call for
				information not required to be included in the prospectus, the text of the
				items together with the answers thereto shall be filed with the prospectus
				under cover of the facing sheet of the form as a part of the application for
				registration. If any such item is inapplicable, or the answer thereto is in the
				negative, a statement to that effect shall be made. Any financial statements
				not required to be included in the prospectus shall also be filed as a part of
				the application for registration, unless incorporated by reference.
c) Every application for registration shall
				include a cross-reference sheet showing the location in the prospectus of the
				information required to be included in the prospectus in response to the items
				of the form. If the item is inapplicable, or the answer thereto is in the
				negative and is omitted from the prospectus, a statement to that effect shall
				be made in the cross-reference sheet.
Illinois Administrative Code › Title 14 - COMMERCE › Part 130 - REGULATIONS UNDER ILLINOIS SECURITIES LAW OF 1953 › Subpart E - REGISTRATION OF SECURITIES › Section 130.574 - Incorporation of Certain Information by Reference

Current through Register Vol. 48, No. 28, July 12, 2024
a) Where an item calls for information not
				required to be included in the prospectus, matter contained in any part of the
				application for registration, other than exhibits, may be incorporated by
				reference in answer, or partial answer, to such item. Matter contained in an
				exhibit may be so incorporated to the extent specified in Section
				130.593.
b) Any financial statement or part thereof
				filed with the Secretary of State pursuant to the Act may be incorporated by
				reference in any application for registration if it substantially conforms to
				the requirements of the appropriate form and is not required to be included in
				the prospectus.
Illinois Administrative Code › Title 14 - COMMERCE › Part 130 - REGULATIONS UNDER ILLINOIS SECURITIES LAW OF 1953 › Subpart E - REGISTRATION OF SECURITIES › Section 130.575 - Form of and Limitation Upon Incorporation by Reference

Current through Register Vol. 48, No. 28, July 12, 2024
Material incorporated by reference shall be clearly
				  identified in the reference. An express statement that the specified matter is
				  incorporated by reference shall be made at the particular place in the
				  application for registration where the information is required. Matter shall
				  not be incorporated by reference in any case where the incorporation would
				  render the statement incomplete, unclear or confusing.
Illinois Administrative Code › Title 14 - COMMERCE › Part 130 - REGULATIONS UNDER ILLINOIS SECURITIES LAW OF 1953 › Subpart E - REGISTRATION OF SECURITIES › Section 130.576 - Statement Required in Prospectuses

Current through Register Vol. 48, No. 28, July 12, 2024
a) There shall be set forth on the outside
				front cover page of every prospectus the following statement in capital letters
				printed in boldface roman type at least as large as 10-point modern type and at
				least 2 points leaded:
THESE SECURITIES HAVE NOT BEEN APPROVED OR DISAPPROVED BY THE
				  SECRETARY OF STATE OF ILLINOIS OR THE STATE OF ILLINOIS, NOR HAS THE SECRETARY
				  OF STATE OF ILLINOIS OR THE STATE OF ILLINOIS PASSED UPON THE ACCURACY OR
				  ADEQUACY OF THIS PROSPECTUS. ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL
				  OFFENSE.
or in the alternative, where applicable:
THESE SECURITIES HAVE NOT BEEN APPROVED OR DISAPPROVED BY THE
				  SECURITIES AND EXCHANGE COMMISSION NOR HAS THE COMMISSION PASSED UPON THE
				  ACCURACY OR ADEQUACY OF THIS PROSPECTUS. ANY REPRESENTATION TO THE CONTRARY IS
				  A CRIMINAL OFFENSE.
b)
				There shall be set forth on the outside front cover page of every prospectus
				relating to a registrant under Section 5.B of the Act which:
1) has not been engaged in the business in
				which it is then engaged for five years, or
2) has not had a net profit in each of the
				last three years, the following statement in capital letters printed in
				boldface roman type at least as large as 10-point modern type and at least 2
				points leaded:
Illinois Administrative Code › Title 14 - COMMERCE › Part 130 - REGULATIONS UNDER ILLINOIS SECURITIES LAW OF 1953 › Subpart E - REGISTRATION OF SECURITIES › Section 130.577 - Prospectuses Supplementing Preliminary Material Supplied Previously

Current through Register Vol. 48, No. 28, July 12, 2024
A prospectus meeting the requirements of Section 12 of the
				  Act may consist of a copy of the latest proposed form of prospectus meeting the
				  requirements of Section
				  130.244
				  and a document containing such additional information that both together
				  contain all of the information required to be included in a prospectus for
				  registered securities provided:
a) the
				proposed form of prospectus is incorporated by reference into and made a part
				of the document;
b) where the
				proposed form of prospectus has been sent or given before the effective date of
				the registration, the document is sent or given not more than 20 days later;
				and
c) where the proposed form of
				prospectus is sent or given after the date of registration, the document is
				attached thereto.
Illinois Administrative Code › Title 14 - COMMERCE › Part 130 - REGULATIONS UNDER ILLINOIS SECURITIES LAW OF 1953 › Subpart E - REGISTRATION OF SECURITIES › Section 130.578 - Application of Amendments to this Part Governing Contents of Prospectuses

Current through Register Vol. 48, No. 28, July 12, 2024
a) The form and
				contents of any prospectus need conform only to the applicable sections of this
				Part in effect at the time the registration becomes effective, notwithstanding
				subsequent amendments to this Part, except as otherwise provided in any such
				amendment or in paragraph (b) of this Section.
b) When an order entered under Section 11.F
				of the Act ceases to be effective as to a registration, the form and contents
				of any prospectus used thereafter for securities covered by the application
				shall conform to the applicable sections of this Part in effect at the date the
				order ceases to be effective.
Illinois Administrative Code › Title 14 - COMMERCE › Part 130 - REGULATIONS UNDER ILLINOIS SECURITIES LAW OF 1953 › Subpart E - REGISTRATION OF SECURITIES › Section 130.581 - Statement as to Stabilizing Required in Prospectuses Filed Under Section 5.B of the Act

Current through Register Vol. 48, No. 28, July 12, 2024
a) If the
				registrant or any of the underwriters knows or has reasonable grounds to
				believe that there is an intention to over-allot or that the price of any
				security may be stabilized to facilitate the offering of the registered
				securities, there shall be set forth, either on the outside front cover page or
				on the inside front cover page of the prospectus filed under Section 5.B of the
				Act, a statement in substantially the following form, subject to appropriate
				modifications where circumstances require. The statement shall be in capital
				letters, printed in boldface roman type at least as large as 10-point modern
				type and at least 2 points leaded:
IN CONNECTION WITH THIS OFFERING, THE UNDERWRITERS MAY
				  OVER-ALLOT OR EFFECT TRANSACTIONS WHICH STABILIZE OR MAINTAIN THE MARKET PRICE
				  OF (identify each class of securities in which such transactions may be
				  effected) AT A LEVEL ABOVE THAT WHICH MIGHT OTHERWISE PREVAIL IN THE OPEN
				  MARKET. SUCH STABILIZING, IF COMMENCED, MAY BE DISCONTINUED AT ANY TIME.
b) If the stabilizing began prior
				to the effective date of the registration, there shall be set forth in the
				prospectus the amount of securities bought, the prices at which bought and the
				period within which they were bought.
Illinois Administrative Code › Title 14 - COMMERCE › Part 130 - REGULATIONS UNDER ILLINOIS SECURITIES LAW OF 1953 › Subpart E - REGISTRATION OF SECURITIES › Section 130.582 - Contents of Prospectus When Two or More Registrations Are in Effect Under Section 5.B of the Act

Current through Register Vol. 48, No. 28, July 12, 2024
When two or more registrations become effective under Section
				  5.B of the Act for different blocks of securities of the same class, a
				  prospectus which meets the requirements of the Act for use in connection with
				  the securities covered by the latest registration will be deemed to meet the
				  requirements for use in connection with the securities covered by the earlier
				  registration provided such prospectus also contains the information contained
				  in the earlier prospectuses with respect to:
a) the underwriting, marketing and
				distribution arrangements,
b) the
				price to the public, underwriting discounts and commissions and proceeds to the
				registrant, and
c) the application
				of the proceeds.
Illinois Administrative Code › Title 14 - COMMERCE › Part 130 - REGULATIONS UNDER ILLINOIS SECURITIES LAW OF 1953 › Subpart E - REGISTRATION OF SECURITIES › Section 130.590 - Identifying Statements

Current through Register Vol. 48, No. 28, July 12, 2024
Every application for registration may include as an exhibit
				  a form of identifying statement which complies with Section
				  130.210(b).
Illinois Administrative Code › Title 14 - COMMERCE › Part 130 - REGULATIONS UNDER ILLINOIS SECURITIES LAW OF 1953 › Subpart E - REGISTRATION OF SECURITIES › Section 130.591 - Requirements as to Appraisals

Current through Register Vol. 48, No. 28, July 12, 2024
a)
				An appraisal may be required as an exhibit in connection with an offering of
				securities of an issuer under the Act which:
1) has not been engaged in the business in
				which it is engaged for five years, and
2) has not had a net profit in each of the
				last three fiscal years.
Illinois Administrative Code › Title 14 - COMMERCE › Part 130 - REGULATIONS UNDER ILLINOIS SECURITIES LAW OF 1953 › Subpart E - REGISTRATION OF SECURITIES › Section 130.592 - Omission of Substantially Identical Documents

Current through Register Vol. 48, No. 28, July 12, 2024
In any case where two or more indentures, contracts,
				  franchises or other documents required to be filed as exhibits are
				  substantially identical in all material respects except as to the parties
				  thereto, the dates of execution or other details, the registrant need file a
				  copy of only one of such documents with a schedule identifying the other
				  documents omitted and setting forth the material details in which the documents
				  differ from the document of which a copy is filed. The Secretary of State may
				  at any time in his discretion require the filing of copies of any documents so
				  omitted.
Illinois Administrative Code › Title 14 - COMMERCE › Part 130 - REGULATIONS UNDER ILLINOIS SECURITIES LAW OF 1953 › Subpart E - REGISTRATION OF SECURITIES › Section 130.593 - Incorporation of Exhibits by Reference

Current through Register Vol. 48, No. 28, July 12, 2024
a) Any document or part thereof filed with
				the Secretary of State pursuant to any statute, rule or regulation administered
				by the Secretary of State may be incorporated by reference as an exhibit to any
				application for registration, provided that the document was not a part of any
				filing, with the Secretary of State, withdrawn, denied or registered more than
				5 years prior to the date of submission of an application for
				registration.
b) If any
				modification has occurred in the text of any document incorporated by reference
				since the filing thereof, the registrant shall file with the reference a
				statement containing the text of any such modification and the date
				thereof.
Illinois Administrative Code › Title 14 - COMMERCE › Part 130 - REGULATIONS UNDER ILLINOIS SECURITIES LAW OF 1953 › Subpart F - FACE AMOUNT CERTIFICATE CONTRACTS › Section 130.600 - Preamble

Current through Register Vol. 48, No. 28, July 12, 2024
The Rules contained in this subpart shall apply to issuers of
				  face amount certificate contracts, as that term is defined in Section 2.14 of
				  the Act, whose face amount certificate contracts are or have been registered
				  pursuant to Section 6 of the Act.
Illinois Administrative Code › Title 14 - COMMERCE › Part 130 - REGULATIONS UNDER ILLINOIS SECURITIES LAW OF 1953 › Subpart F - FACE AMOUNT CERTIFICATE CONTRACTS › Section 130.610 - Procedures for Registration of Face Amount Certificate Contracts by Coordination under Section 6.A of the Act

Current through Register Vol. 48, No. 28, July 12, 2024
a)
				Filing requirements.
1) Application for
				registration of Face Amount Certificate Contracts pursuant to Section 6.A of
				the Act shall be made by filing the following documents with the Securities
				Department in Springfield in the form required by Section 6.A(2) of the Act:
A) One copy of the registration statement
				(without exhibits) which sets forth the title of the face amount certificate
				contracts, price or proposed offering price, and the aggregate number of units
				to be offered by the registration statement on file with the SEC in its most
				recent form as of the date of the initial filing under Section 6.A of the
				Act;
B) A completed Application to
				Register Securities on Form U-1, executed by the applicant, if a natural
				person; or by a general partner, if the applicant is a partnership; or by an
				officer of the applicant, if a corporation; or in other cases by a credible
				person having knowledge of the facts, setting forth the title of every series,
				type or class of face amount certificate contracts to be registered pursuant to
				the Application, and, if the applicant is electing the date of effectiveness of
				a post-effective amendment filed or to be filed with the SEC as its "effective
				date" as defined in Section 2.13 of the Act, specifying such date as the
				"effective date" for purposes of paragraph 6 of the Application;
C) If the applicant is not a registered
				dealer, the name of at least one registered dealer for the face amount
				certificate contracts being registered, or if no registered dealer is
				participating in the offering, a description of the method by which the face
				amount certificate contracts being registered will be offered and sold in
				Illinois in compliance with Section 8 of the Act; and
D) The filing fee required by Section 6.C of
				the Act in the form and amount required by Section
				130.110 of this
				Part.
Illinois Administrative Code › Title 14 - COMMERCE › Part 130 - REGULATIONS UNDER ILLINOIS SECURITIES LAW OF 1953 › Subpart F - FACE AMOUNT CERTIFICATE CONTRACTS › Section 130.630 - Renewal of Registration of Face Amount Certificate Contracts Under Section 6.F of the Act

Current through Register Vol. 48, No. 28, July 12, 2024
a) An issuer,
				controlling person or registered dealer shall file an application for renewal
				of registration of part or all of the face amount certificate contracts that
				remain unsold by filing with the Securities Department, no later than 10
				business days prior to the date upon which the registration under Section 6.A
				of the Act or renewal under Section 6.F of the Act would expire, on Form U-1
				executed by an officer of the issuer, controlling person or registered dealer
				and pay the fee set forth in Section
				130.110. The
				application shall be accompanied by one copy of the prospectus in its most
				current form.
b) Any application
				for renewal of registration of face amount certificate contracts filed with or
				fee paid to the Securities Department within nine business days or less but
				prior to the date upon which the registration or renewal would expire shall pay
				an additional fee set forth in Section 130.110.
c) Any application for renewal of face amount
				certificate contracts filed with, or fee paid to, the Securities Department on
				or after the date upon which the registration would expire shall pay an
				additional fee set forth in Section
				130.110 until the
				application is filed and the renewal fee and all late fees are paid.
d) The renewal of the registration under
				subsection (a), (b) or (c) of this Section shall take effect on the date that
				the prior registration or renewal expired.
e) No application for renewal of face amount
				certificate contracts shall be deemed to be filed or take effect if the
				application, renewal fee or additional fee was filed with or paid to the
				Securities Department more than one year after the most recent expiration of
				the registration or renewal of the registration.
f) Prior to the renewal of any registration
				or renewal, the issuer, controlling person or registered dealer shall file with
				the Securities Department the name of at least one registered dealer that will
				be offering or selling the face amount certificate contracts or file an
				application for registration on Form U4 or renewal on Form 8C(1) for at least
				one salesperson that the Securities Department will grant registration of, or
				renewal of registration of, concurrently with the renewal of the registration
				or renewal of the face amount certificate contracts and pay to the Securities
				Department the fee and additional fee, if any, set forth in Section
				130.110.
Illinois Administrative Code › Title 14 - COMMERCE › Part 130 - REGULATIONS UNDER ILLINOIS SECURITIES LAW OF 1953 › Subpart F - FACE AMOUNT CERTIFICATE CONTRACTS › Section 130.650 - Additional Fees Under Section 6 of the Act

Current through Register Vol. 48, No. 28, July 12, 2024
a) The Secretary shall impose an additional
				fee for the failure to file with the Securities Department written notice of
				SEC effectiveness within two (2) business days of the date that the SEC has
				granted effectiveness. The additional fee for the third through tenth day after
				SEC effectiveness shall be as set forth in Section
				130.110 of this
				Part.
b) The additional fee for
				filing written notice of SEC effectiveness after the tenth day after SEC
				effectiveness shall be as set forth in Section
				130.110 of this
				Part.
c) The Secretary shall waive
				the additional fee if:
1) the applicant has
				been granted a waiver of concurrent effectiveness under Section 6(A)(7) of the
				Act by the Secretary; or
2) the
				additional fee, if paid, would render the applicant insolvent as defined in
				Section
				130.200
				of this Part.
Illinois Administrative Code › Title 14 - COMMERCE › Part 130 - REGULATIONS UNDER ILLINOIS SECURITIES LAW OF 1953 › Subpart G - INVESTMENT FUND SHARES › Section 130.700 - Preamble

Current through Register Vol. 48, No. 28, July 12, 2024
The Rules contained in this Subpart shall apply to all
				  investment companies or investment funds or persons issuing investment fund
				  shares as that term is defined in Section 2.15 of the Act and Section
				  130.225
				  of this Part and to all investment fund shares registered pursuant to Sections
				  5 and 7 of the Act.
Illinois Administrative Code › Title 14 - COMMERCE › Part 130 - REGULATIONS UNDER ILLINOIS SECURITIES LAW OF 1953 › Subpart G - INVESTMENT FUND SHARES › Section 130.701 - Title of Investment Fund Shares Registered Under Section 5 or 7 of the Act

Current through Register Vol. 48, No. 28, July 12, 2024
Whenever the title of investment fund shares is required to
				  be stated in an application for registration under Section 5(A) or 7(A) of the
				  Act there shall be given such information as will indicate the type and
				  character of the investment fund shares, including the following:
a) the name of the issuer;
b) the type of shares being
				offered;
c) the par value of the
				shares (if any);
d) an indication
				of whether the company is a series company; and
e) a list of series, portfolios or classes if
				the company is a series company.
Illinois Administrative Code › Title 14 - COMMERCE › Part 130 - REGULATIONS UNDER ILLINOIS SECURITIES LAW OF 1953 › Subpart G - INVESTMENT FUND SHARES › Section 130.710 - Procedures for Registration of Investment Fund Shares by Coordination under Section 7.A of the Act

Current through Register Vol. 48, No. 28, July 12, 2024
a) Filing
				requirements
1) Application for registration
				of investment fund shares pursuant to Section 7.A of the Act shall be made by
				filing the following documents with the Securities Department in Springfield in
				the form required by Section 7.A(2) of the Act:
A) One copy of the registration statement
				(without exhibits) which sets forth the title of the investment fund shares,
				price or proposed offering price, and the aggregate number of units to be
				offered by the registration statement on file with the SEC in its most recent
				form as of the date of the initial filing under Section 7.A of the
				Act;
B) A completed Application to
				Register Securities on Form U-1, executed by the applicant, if a natural
				person; or by a general partner, if the applicant is a partnership; or by an
				officer of the applicant, if a corporation; or in other cases by a credible
				person having knowledge of the facts, setting forth the title of the investment
				fund shares to be offered in this State and, if the applicant is electing the
				date of effectiveness of a post-effective amendment filed or to be filed with
				the SEC as its "effective date" as defined in Section 2.13 of the Act,
				specifying such date as the "effective date" for purposes of paragraph 6 of the
				Application;
C) If the applicant is
				not a registered dealer, the name of at least one registered dealer for the
				investment fund shares being registered, or if no registered dealer is
				participating in the offering, a description of the method by which the
				investment fund shares being registered will be offered and sold in Illinois in
				compliance with Section 8 of the Act; and
D) The filing fee required by Section 7.C of
				the Act in the form and amount required by Section
				130.110 of this
				Part.
Illinois Administrative Code › Title 14 - COMMERCE › Part 130 - REGULATIONS UNDER ILLINOIS SECURITIES LAW OF 1953 › Subpart G - INVESTMENT FUND SHARES › Section 130.715 - Amendatory Statement for the Registration of Additional Class or Classes or the Reporting of a Change in Organization or Operations Pursuant to Section 7(D) of the Act

Current through Register Vol. 48, No. 28, July 12, 2024
a) Unless and until
				the registration of investment fund shares is suspended or terminated, the
				application for registration may be amended by the registrant by filing
				Illinois Form 7D-7E. The registrant shall file an amendatory statement together
				with a nonrefundable filing fee set forth in Section
				130.110 of this
				Part for each amendatory statement filed during the registration
				period.
b) The amendatory statement
				shall be filed in the following circumstances:
1) if there is a change in the registrant's
				name or address;
2) if the
				registrant elects to register an additional class or classes of shares of the
				same rank, general description and characteristics as the class or classes
				previously registered and proposed to be offered under like terms, procedures
				and conditions; or
3) if there is a
				change in the registrant's plan of operation or organization such as, but not
				limited to, changes in investment advisers, state of incorporation or
				investment management policies.
Illinois Administrative Code › Title 14 - COMMERCE › Part 130 - REGULATIONS UNDER ILLINOIS SECURITIES LAW OF 1953 › Subpart G - INVESTMENT FUND SHARES › Section 130.730 - Renewal of Registration of Investment Fund Shares Under Section 7(G) of the Act

Current through Register Vol. 48, No. 28, July 12, 2024
a) An issuer,
				controlling person or registered dealer shall file an application for renewal
				of registration of part or all of the investment fund shares which remain
				unsold by filing with the Securities Department no later than 10 business days
				prior to the date upon which the registration under Section 7(A) of the Act or
				renewal under Section 7(G) of the Act would expire on Form 7G or Form U-1 as
				provided in Appendix B executed by an officer of the issuer, controlling person
				or registered dealer and paying the fee set forth in Section
				130.110. The
				application shall be accompanied by a copy of the prospectus and Statement of
				Additional Information in their most current form on file with the
				SEC.
b) Any application for renewal
				of registration of investment fund shares filed with or fee paid to the
				Securities Department within nine business days or less but prior to the date
				upon which the registration would expire shall pay an additional fee set forth
				in Section 130.110.
c) Any
				application for renewal of registration of investment fund shares filed with or
				fee paid to the Securities Department on or after the date upon which the
				registration would expire shall pay an additional fee set forth in Section
				130.110 until the
				application is filed and the renewal fee and all such additional fees are
				paid.
d) The renewal of the
				registration under subsection (a), (b) or (c) shall take effect on the date
				that the prior registration or renewal expired.
e) No application for renewal of the
				registration of investment fund shares shall be deemed to be filed or take
				effect if the application, renewal fee or additional fee shall have been filed
				with or paid to the Securities Department more than one year after the most
				recent expiration of the registration or renewal of the registration.
f) Prior to the renewal of any registration
				or renewal, the issuer, controlling person or registered dealer shall have
				filed with the Securities Department the name of at least one registered dealer
				which will be offering or selling the investment fund shares or have filed an
				application on Form U4 or renewal on Form 8C(1) for registration for at least
				one salesperson that the Securities Department will grant registration of or
				renewal of registration of concurrently with the renewal of the registration or
				renewal of the investment fund shares and paid to the Securities Department the
				fee set forth in Section 130.110.