(a) A security for which a registration statement has been filed under 15 U.S.C. § 77a – 77aa (Securities Act of 1933) in connection with the same offering may be registered by coordination under this section.
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Terms Used In Alaska Statutes 45.56.170

  • administrator: means the commissioner of commerce, community, and economic development or a designee of the commissioner. See Alaska Statutes 45.56.900
  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • issuer: means a person that issues or proposes to issue a security, subject to the following:
    (A) the issuer of a voting trust certificate, collateral trust certificate, certificate of deposit for a security, or share in an investment company without a board of directors or individuals performing similar functions is the person performing the acts and assuming the duties of depositor or manager under the trust or other agreement or instrument under which the security is issued. See Alaska Statutes 45.56.900
  • price amendment: means the amendment to a registration statement filed under 15 U. See Alaska Statutes 45.56.900
  • Securities and Exchange Commission: means the United States Securities and Exchange Commission. See Alaska Statutes 45.56.900
  • security: means a note. See Alaska Statutes 45.56.900
  • Service of process: The service of writs or summonses to the appropriate party.
(b) A registration statement and accompanying records under this section must contain or be accompanied by the following records, in addition to the information specified in Alaska Stat. § 45.56.190, and a consent to service of process complying with Alaska Stat. § 45.56.650:

(1) a copy of the latest form of prospectus filed under 15 U.S.C. § 77a -77 aa (Securities Act of 1933);
(2) if the administrator requires, a copy of the articles of incorporation and bylaws or their substantial equivalents currently in effect; a copy of any other information or any other records filed by the issuer under 15 U.S.C. § 77a – 77aa (Securities Act of 1933) requested by the administrator; a copy of any agreement with or among underwriters; a copy of any indenture or other instrument governing the issuance of the security to be registered; and a specimen, copy, or description of the security that is required by a regulation adopted or order issued under this chapter; and
(3) an undertaking to forward each amendment to the federal prospectus, other than an amendment that delays the effective date of the registration statement, promptly after it is filed with the Securities and Exchange Commission.
(c) A registration statement under this section becomes effective simultaneously with or subsequent to the federal registration statement when all the following conditions are satisfied:

(1) a stop order under (d) of this section or Alaska Stat. § 45.56.230 or issued by the Securities and Exchange Commission is not in effect, and a proceeding is not pending against the issuer under Alaska Stat. § 45.56.440; and
(2) the registration statement has been on file for at least 20 days or a shorter period provided by a regulation adopted or order issued under this chapter.
(d) The registrant shall promptly notify the administrator in a record of the date when the federal registration statement becomes effective and the content of any price amendment and shall promptly file a record containing the price amendment. If the notice is not timely received, the administrator may issue a stop order, without prior notice or hearing, retroactively denying effectiveness to the registration statement or suspending its effectiveness until compliance with this section. The administrator shall promptly notify the registrant of an order by telephone or electronic means and promptly confirm this notice by a record. If the registrant later complies with the notice requirements of this subsection, the stop order is void as of the date of its issuance.
(e) If the federal registration statement becomes effective before each of the conditions in this section is satisfied or is waived by the administrator, the registration statement is automatically effective under this chapter when all the conditions are satisfied or waived. If the registrant notifies the administrator of the date when the federal registration statement is expected to become effective, the administrator shall promptly notify the registrant by telephone or electronic means and promptly confirm this notice by a record, indicating whether all the conditions are satisfied or waived and whether the administrator intends the institution of a proceeding under Alaska Stat. § 45.56.230. The notice by the administrator does not preclude the institution of a proceeding under Alaska Stat. § 45.56.230.
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