Instructions For Application For Qualification Of Issuer Transfactions By Notification (Section 260.112) - Department Of Corporations

ADVERTISEMENT

DEPARTMENT OF CORPORATIONS
STATE OF CALIFORNIA
INSTRUCTIONS FOR APPLICATION FOR QUALIFICATION OF
ISSUER TRANSFACTIONS BY NOTIFICATION (SECTION 260.112)
An application for the qualification of the offer and sale of securities by notification pursuant to
Section 25112 of the Code shall, in addition to the facing page required by Section 260.110 of the
rules, continue in the following form:
Note: Any item which is inapplicable should be listed by number on the form followed simply by
the word "inapplicable."
ITEM 8. DESCRIPTION OF BUSINESS.
Describe the business done and intended to be done by the issuer and its subsidiaries and the
general development of such business during the past three years. Indicate any other names
under which the issuer or any of its subsidiaries have conducted business during such period.
ITEM 9. USE OF PROCEEDS TO ISSUER.
State the principal purposes for which the net proceeds to the applicant for the securities to be
offered are intended to be used and the approximate amount intended to be used for each such
purpose.
ITEM 10. PLAN OF DISTRIBUTION.
Describe the plan of distribution of securities including the names of any underwriters or agents to
be employed by applicant in connection with the sale of securities and the discounts or
compensation to be allowed or paid to such persons, or other consideration to be received by
such persons or other persons in connection with the sale of securities. If agents (other than
licensed broker-dealers) are to be employed by the applicant in connection with the sale of
securities in California, the applicant must comply with Sections 260.141.30 and 260.141.31, Title
10, California Code of Regulations, and furnish the following information:
a. The name and business address of each person who will represent the applicant as an agent
in this state.
b. The name and business address of the officer or other official who will supervise such agents
on behalf of the applicant.
c. A statement that all such agents employed in this state are employees of the applicant.
d. A statement of the compensation to be paid to such agents. A statement of the compensation
to be paid to such supervisory personnel, other than their regular salaries if they are regular
employees of the applicant.
e. Describe any order, judgment or decree of any governmental agency or administrator, or of
any court of competent jurisdiction revoking or suspending for cause any license, permit or other
authority of such agent or supervisory person or of any corporation of which he is an officer or
director, to engage in the securities business or in the sale of a particular security or temporarily or
permanently restraining or enjoining any such person or any corporation of which he is an officer
or director from engaging in or continuing any conduct, practice, or employment in connection with
the purchase or sale of securities, or convicting such person of any felony or misdemeanor
involving a security or any aspect of the securities business, or of theft or of any felony.
f. A surety bond complying with Section 260.216.15, Title 10, California Code of Regulations.
ITEM 11. DIRECTORS AND EXECUTIVE OFFICERS.
List the names of all directors and officers of the issuer indicating all positions and offices held by
each person named. In addition, describe any order, judgment, or decree of any governmental
agency or administrator, or of any court of competent jurisdiction revoking or suspending for cause
any license, permit or other authority of such person or of any corporation of which he is an officer
or director, to engage in the securities business or in the sale of a particular security or temporarily
or permanently restraining or enjoining any such person or any corporation of which he is an
260.112 (rev 9/02)
1

ADVERTISEMENT

00 votes

Related Articles

Related forms

Related Categories

Parent category: Legal
Go
Page of 4