13 Miss. Code. R. 2-8.6 - Public Offerings Of Affiliated Companies

Prior approval of the Commission is required for any public offering of any securities of an affiliated company:

(a) Which is not a publicly traded corporation if the securities will be offered by such an affiliated company or by a controlling person thereof.

(b) Which is a publicly traded corporation if the securities will be offered by such affiliated company and if such securities or the proceeds from the sale thereof are intended to be used:

1. To pay for construction of gaming facilities in Mississippi to be owned or operated by the affiliated company or a subsidiary of the affiliated company;

2. To acquire any direct or indirect interest in gaming facilities in Mississippi;

3. To finance the operation by the affiliated company or a subsidiary of such affiliated company of gaming facilities in Mississippi; or

4. To retire or extend obligations incurred for one or more such purposes. (Adopted: 09/25/1991.)

Notes

13 Miss. Code. R. 2-8.6

Miss. Code Ann. § 75-76-53