| | | A.__The registration statement as of its effective date or | | before the effective date in the case of an order denying | | effectiveness, an amendment under section 16305, subsection | | 10 as of its effective date or a report under section 16305, | | subsection 9 is incomplete in a material respect or contains | | a statement that, in the light of the circumstances under | | which it was made, was false or misleading with respect to a | | material fact; |
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| | | B.__This chapter or a rule adopted or order issued under | | this chapter or a condition imposed under this chapter has | | been willfully violated, in connection with the offering, by | | the person filing the registration statement; by the issuer, | | a partner, officer or director of the issuer or a person | | having a similar status or performing a similar function or | | a promoter of the issuer or a person directly or indirectly | | controlling or controlled by the issuer, but only if the | | person filing the registration statement is directly or | | indirectly controlled by or acting for the issuer; or by an | | underwriter; |
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| | | C.__The security registered or sought to be registered is | | the subject of a permanent or temporary injunction of a | | court of competent jurisdiction or an administrative stop | | order or similar order issued under any federal, foreign or | | state law other than this chapter applicable to the | | offering, but the administrator may not institute a | | proceeding against an effective registration statement under | | this paragraph more than one year after the date of the | | order or injunction on which it is based, and the | | administrator may not issue an order under this paragraph on | | the basis of an order or injunction issued under the | | securities act of another state unless the order or | | injunction was based on conduct that would constitute, as of | | the date of the order, a ground for a stop order under this | | section; |
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| | | D.__The issuer's enterprise or method of business includes | | or would include activities that are unlawful where | | performed; |
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| | | E.__With respect to a security sought to be registered under | | section 16303, there has been a failure to comply with the | | undertaking required by section 16303, subsection 2, | | paragraph D; |
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| | | F.__The applicant or registrant has not paid the filing fee, | | but the administrator shall void the order if the deficiency | | is corrected; or |
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