3. The Securities Act of 1933 permits certain types of offers during the "waiting period" between the filing and effectiveness of a registration statement. The exemptive provisions of Sections 202(16) and (17) operate to permit similar offers for securities that are not federal covered securities and are in the process of registration under federal or state statutes or both.

4. Notice filings and fees applicable to federal covered securities, see Section 102(7), are addressed in Section 302.

§16302.__Notice filing

1.__Notice filings for federal covered securities under Section 18(b)(2) of the federal Securities Act of 1933.__A federal covered security, as defined in Section 18(b)(2) of the federal Securities Act of 1933, 15 United States Code, Section 77r(b)(2), that is not otherwise exempt under sections 16201 to 16203 may not be offered or sold in this State unless before the initial offer in this State the following are filed with the administrator:

A.__The uniform investment company notice filing form;

B.__A consent to service of process complying with section 16611 signed by the issuer; and

C.__The payment of a nonrefundable fee of $1,000 for each type or class of security offered.

2.__Notice filing effectiveness and renewal.__A notice filing under subsection 1 is effective for one year commencing on the date of the notice filing, the date of effectiveness of the offering filed with the Securities and Exchange Commission or a date selected by the filer, whichever date is latest.__On or before expiration, a notice filing may be renewed by filing the uniform investment company notice filing form and by paying a nonrefundable renewal fee of $1,000 for each type or class of security offered.__A previously filed consent to service of process complying with section 16611 may be incorporated by reference in a renewal.__A renewed notice filing becomes effective upon the expiration of the filing being renewed.

3.__Notice filings for federal covered securities under Section 18(b)(4)(D).__A security that is a federal covered