Section · Administrative Rules of South Dakota · View on sdlegislature.gov ↗
Repealed.
Source: 16 SDR 185, effective May 16, 1990; repealed, 28 SDR 48, effective October 10, 2001. p.sf853c430-ee47-4880-80da-8d40d5831fadNormal { text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.sf853c430-ee47-4880-80da-8d40d5831fadDefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.sf853c430-ee47-4880-80da-8d40d5831fadDefaultParagraphFont-000000 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.sf853c430-ee47-4880-80da-8d40d5831fad000001 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } 20:08:04:100. Confidentiality of private offerings. Repealed. Source: 16 SDR 185, effective May 16, 1990; repealed, 28 SDR 48, effective October 10, 2001. p.se54dee59-e7a1-492d-b759-2a5c044ebc15Normal { text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.se54dee59-e7a1-492d-b759-2a5c044ebc15DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.se54dee59-e7a1-492d-b759-2a5c044ebc15DefaultParagraphFont-000000 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.se54dee59-e7a1-492d-b759-2a5c044ebc15000001 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } 20:08:04:101. Requirements for confidential treatment. Repealed. Source: 16 SDR 185, effective May 16, 1990; repealed, 28 SDR 48, effective October 10, 2001. p.sca00164c-2989-4354-b697-80ee3cabdc45Normal { text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.sca00164c-2989-4354-b697-80ee3cabdc45DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.sca00164c-2989-4354-b697-80ee3cabdc45DefaultParagraphFont-000000 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.sca00164c-2989-4354-b697-80ee3cabdc45000001 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } 20:08:04:102. Requests for confidentiality. Repealed. Source: 16 SDR 185, effective May 16, 1990; repealed, 28 SDR 48, effective October 10, 2001. p.s468edb2b-c1ad-40fc-9f80-8dbaa1a0d49cNormal { text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s468edb2b-c1ad-40fc-9f80-8dbaa1a0d49cDefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s468edb2b-c1ad-40fc-9f80-8dbaa1a0d49cDefaultParagraphFont-000000 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s468edb2b-c1ad-40fc-9f80-8dbaa1a0d49c000001 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } 20:08:04:103. Denial of request. Repealed. Source: 16 SDR 185, effective May 16, 1990; repealed, 28 SDR 48, effective October 10, 2001. p.sd4dce5de-eaa2-43b6-a3d1-3c4f149a5cf6Normal { text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.sd4dce5de-eaa2-43b6-a3d1-3c4f149a5cf6DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.sd4dce5de-eaa2-43b6-a3d1-3c4f149a5cf6DefaultParagraphFont-000000 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.sd4dce5de-eaa2-43b6-a3d1-3c4f149a5cf6000001 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } 20:08:04:104. Granting of requests. Repealed. Source: 16 SDR 185, effective May 16, 1990; repealed, 28 SDR 48, effective October 10, 2001. p.s01d5b3d6-1a8d-4d8c-a99d-4b9c25aeafd2Normal { text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s01d5b3d6-1a8d-4d8c-a99d-4b9c25aeafd2DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s01d5b3d6-1a8d-4d8c-a99d-4b9c25aeafd2DefaultParagraphFont-000000 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s01d5b3d6-1a8d-4d8c-a99d-4b9c25aeafd2000001 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } 20:08:04:105. Disclosure of confidential information. Repealed. Source: 16 SDR 185, effective May 16, 1990; repealed, 28 SDR 48, effective October 10, 2001. p.s34389d64-a835-4b29-abce-c864749aa543Normal { text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s34389d64-a835-4b29-abce-c864749aa543DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s34389d64-a835-4b29-abce-c864749aa543DefaultParagraphFont-000000 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s34389d64-a835-4b29-abce-c864749aa543000001 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } 20:08:04:106. Transmittal of forms by facsimile machine. Repealed. Source: 16 SDR 185, effective May 16, 1990; repealed, 28 SDR 48, effective October 10, 2001. p.saf52828c-5be7-498f-96cf-0f8a64fd38ffNormal { text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.saf52828c-5be7-498f-96cf-0f8a64fd38ffDefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.saf52828c-5be7-498f-96cf-0f8a64fd38ffDefaultParagraphFont-000000 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.saf52828c-5be7-498f-96cf-0f8a64fd38ff000001 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } 20:08:04:107. Stop orders. Repealed. Source: 16 SDR 185, effective May 16, 1990; repealed, 28 SDR 48, effective October 10, 2001. p.sc5f09bb0-ea41-4283-aa55-c0942259ebceNormal { text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.sc5f09bb0-ea41-4283-aa55-c0942259ebceDefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.sc5f09bb0-ea41-4283-aa55-c0942259ebceDefaultParagraphFont-000000 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.sc5f09bb0-ea41-4283-aa55-c0942259ebce000001 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } 20:08:04:108. Service of stop orders. Repealed. Source: 16 SDR 185, effective May 16, 1990; repealed, 28 SDR 48, effective October 10, 2001. p.s85ff8ba4-2091-45ec-b044-90b1792b8a92Normal { text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s85ff8ba4-2091-45ec-b044-90b1792b8a92DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s85ff8ba4-2091-45ec-b044-90b1792b8a92DefaultParagraphFont-000000 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s85ff8ba4-2091-45ec-b044-90b1792b8a92000001 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } 20:08:04:109. Request for hearing. Repealed. Source: 16 SDR 185, effective May 16, 1990; repealed, 28 SDR 48, effective October 10, 2001. p.s793f7850-3de6-4aa6-a0a5-80e93f28464dNormal { text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s793f7850-3de6-4aa6-a0a5-80e93f28464dDefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s793f7850-3de6-4aa6-a0a5-80e93f28464dDefaultParagraphFont-000000 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s793f7850-3de6-4aa6-a0a5-80e93f28464d000001 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } 20:08:04:110. Hearing date. Repealed. Source: 16 SDR 185, effective May 16, 1990; repealed, 28 SDR 48, effective October 10, 2001. p.sca0cd2e7-084e-4b8b-a7f7-54b22b82d4f7Normal { text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.sca0cd2e7-084e-4b8b-a7f7-54b22b82d4f7DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.sca0cd2e7-084e-4b8b-a7f7-54b22b82d4f7DefaultParagraphFont-000000 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.sca0cd2e7-084e-4b8b-a7f7-54b22b82d4f7000001 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } 20:08:04:111. Hearing officer. Repealed. Source: 16 SDR 185, effective May 16, 1990; repealed, 28 SDR 48, effective October 10, 2001. p.sab66d0c6-d57e-4f04-9597-94bc3cb61690Normal { text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.sab66d0c6-d57e-4f04-9597-94bc3cb61690DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.sab66d0c6-d57e-4f04-9597-94bc3cb61690DefaultParagraphFont-000000 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.sab66d0c6-d57e-4f04-9597-94bc3cb61690000001 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } 20:08:04:112. Informal conference. Repealed. Source: 16 SDR 185, effective May 16, 1990; repealed, 28 SDR 48, effective October 10, 2001. p.sa1d8e6ba-a4b0-4c8b-8dc4-890524a30048Normal { text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.sa1d8e6ba-a4b0-4c8b-8dc4-890524a30048DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.sa1d8e6ba-a4b0-4c8b-8dc4-890524a30048DefaultParagraphFont-000000 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.sa1d8e6ba-a4b0-4c8b-8dc4-890524a30048000001 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } 20:08:04:113. Procedures and evidence. Repealed. Source: 16 SDR 185, effective May 16, 1990; repealed, 28 SDR 48, effective October 10, 2001. p.s3461b5fc-7cb7-40c7-890e-6d745d9135c0Normal { text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s3461b5fc-7cb7-40c7-890e-6d745d9135c0DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s3461b5fc-7cb7-40c7-890e-6d745d9135c0DefaultParagraphFont-000000 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s3461b5fc-7cb7-40c7-890e-6d745d9135c0000001 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s3461b5fc-7cb7-40c7-890e-6d745d9135c0DefaultParagraphFont-000002 { color: #0000FF; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } 20:08:04:114. Registration of securities by coordination. (1) A person seeking to register a security in this state, for which a registration statement has been filed under the Securities Act of 1933, shall file completed Forms U-1 and U-2 and pay the fee required in SDCL 47-31B-305(b). (2) A prospectus meeting the requirements under the Securities Act of 1933 that receives full review by the U.S. Securities and Exchange Commission will not be subject to disclosure review or comment by the division. (3) Amendments: At the end of each period of not more than one year from the effectiveness of the registration statement, or in the event of any material change relating to the issuer or the securities subsequent to the filing of a prospectus, an amended prospectus shall be filed reflecting any such changes, and a current disclosure of all material facts relating to the issuer and the securities, including financial statements. No further solicitations or sales of the securities may be made thereafter until such amended prospectus has been filed with the division. (4) Quarterly reports: Quarterly reports of sales of securities shall be filed with the division by all issuers of public offerings registered pursuant to SDCL 47-31B-303 and 47-31B-304, unless the maximum fee has been paid pursuant to SDCL 47-31B-305(b). These reports shall be filed within 30 days of the end of each calendar quarter using the State Quarterly Sales Report and shall contain information regarding sales of securities made in this state. A quarterly report shall be filed regardless of whether any sales were made in South Dakota in that calendar quarter. (5) Annual reports: All issuers of securities registered pursuant to SDCL 47-31B-303 and 47-31B-304 who have not paid the maximum fee as set forth in SDCL 47-31B-305(b), shall file annual reports with the division. The annual report shall consist of a copy of the annual corporate report to shareholders, including audited financial statements, and must be accompanied by the fee required in SDCL 47-31B-305(h). The annual report shall be filed within 90 days after the end of the issuer's fiscal year. (6) Final reports: All issuers of securities registered pursuant to SDCL 47-31B-303 and 47-31B-304 who have not paid the maximum fee as set forth in SDCL 47-31B-305(b), must file a final report of sales of securities with the division using the state Quarterly Report of Sales Form. The final report shall be filed within 30 days after the termination of the registration, regardless of whether termination is by expiration, revocation, or voluntary termination. The final report shall contain information regarding sales of securities made in this state and must be filed whether any sales were made in this state. (7) Securities registered with the division for a period of more than one year from the date of effectiveness, shall file a written request for extension together with the fee in SDCL 47-31B-305(i). Source: 28 SDR 48, effective October 10, 2001; 30 SDR 211, effective July 1, 2004; 37 SDR 112, effective December 9, 2010.