Q.__A balance sheet of the issuer as of a date within 4 months before the filing of the registration statement; a statement of income and a statement of cash flows for each of the 3 fiscal years preceding the date of the balance sheet and for any period between the close of the immediately previous fiscal year and the date of the balance sheet or for the period of the issuer's and any predecessor's existence if less than 3 years; and, if any part of the proceeds of the offering is to be applied to the purchase of a business, the financial statements that would be required if that business were the registrant; and

R.__Any additional information or records required by rule adopted or order issued under this chapter.

3.__Conditions for effectiveness of registration statement.__A registration statement under this section becomes effective 30 days, or any shorter period provided by rule adopted or order issued under this chapter, after the date the registration statement or the last amendment other than a price amendment is filed if:

A.__A stop order is not in effect and a proceeding is not pending under section 16306;

B.__The administrator has not issued an order under section 16306 delaying effectiveness; or

C.__The applicant or registrant has not requested that effectiveness be delayed.

4.__Delay of effectiveness of registration statement.__The administrator may delay effectiveness once for not more than 90 days if the administrator determines the registration statement is not complete in all material respects and promptly notifies the applicant or registrant of that determination. The administrator may also delay effectiveness for a further period of not more than 30 days if the administrator determines that the delay is necessary or appropriate.

5.__Prospectus or offering document distribution may be required.__An order issued under this chapter may require as a