48 Neb. Admin. Code, ch. 15, § 007 - EFFECTIVENESS
A notice of exemption filed pursuant to Section 8-1111(9)(a) of the Act shall remain effective until the earlier of the following events:
007.01
Sales to fifteen persons, other than persons designated in Sections
8-1111(8),(11)
and (17) of the Act, have been effected;
or
007.02 One year from the date of
the first sale.
Notes
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