1.  If, pursuant to NRS 90.540, the Administrator by regulation or order exempts from the provisions of NRS 90.460 and 90.560 an offer to sell or the sale of a security by an issuer to persons who are or the issuer believes are accredited investors, the issuer shall, within 15 days after the first sale in this State, file with the Administrator a fee of $500.

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2.  As used in this section, ‘accredited investor’ has the meaning ascribed to it in 17 C.F.R. § 230.501(a).