Section 421-B:14 Registration by Qualification.
I. Any security may be registered by qualification.
II. A registration statement under this section shall contain the information specified in RSA 421-B:15 and the consent to service of process required by RSA 421-B:30, VII, and shall contain such further information and be accompanied by such further documents as the secretary of state by rule or otherwise requires.
III. A registration statement under this section becomes effective when the secretary of state so orders.
IV. The secretary of state may by rule or order require, as a condition of registration under this section, that a prospectus containing any designated part of the information specified in paragraph II be sent or given to each person to whom an offer is made before or concurrently with:
(a) The first written offer made to him (otherwise than by means of a public advertisement) by or for the account of the issuer or any other person on whose behalf the offering is being made, or by any underwriter or broker-dealer who is offering part of an unsold allotment or subscription taken by him as a participant in the distribution;
(b) The confirmation of any sale made by or for the account of any such person;
(c) Payment pursuant to any such sale; or
(d) Delivery of the security pursuant to any such sale, whichever first occurs.
Source. 1981, 214:1. 1987, 411:2. 1991, 355:79, 89, II. 1992, 288:31, eff. July 1, 1992.