LD 509
pg. 29
Page 28 of 94 PUBLIC Law Chapter 65 Page 30 of 94
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LR 441
Item 1

 
1.__Registration permitted.__A security may be registered by
qualification under this section.

 
2.__Required records.__A registration statement under this
section must contain the information or records specified in
section 16305, a consent to service of process complying with
section 16611 and the following information or records:

 
A.__With respect to the issuer and any significant
subsidiary, its name, address and form of organization; the
state or foreign jurisdiction and date of its organization;
the general character and location of its business; a
description of its physical properties and equipment; and a
statement of the general competitive conditions in the
industry or business in which it is or will be engaged;

 
B.__With respect to each director and officer of the issuer,
and other person having a similar status or performing
similar functions, the person's name, address and principal
occupation for the previous 5 years; the amount of
securities of the issuer held by the person as of the 30th
day before the filing of the registration statement; the
amount of the securities covered by the registration
statement to which the person has indicated an intention to
subscribe; and a description of any material interest of the
person in any material transaction with the issuer or a
significant subsidiary effected within the previous 3 years
or proposed to be effected;

 
C.__With respect to persons covered by paragraph B, the
aggregate sum of the remuneration paid to those persons
during the previous 12 months and estimated to be paid
during the next 12 months, directly or indirectly, by the
issuer and all predecessors, parents, subsidiaries and
affiliates of the issuer;

 
D.__With respect to a person owning of record or owning
beneficially, if known, 10% or more of the outstanding
shares of any class of equity security of the issuer, the
information specified in paragraph B other than the person's
occupation;

 
E.__With respect to a promoter, if the issuer was organized
within the previous 3 years, the information or records
specified in paragraph B, any amount paid to the promoter
within that period or intended to be paid to the promoter
and the consideration for the payment;


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