Nev. Admin. Code § 90.369 - Licensing requirements inapplicable under certain circumstances
The provisions of NRS 90.310 do not apply to a sales representative acting for an issuer effecting offers to sell or sales of securities if:
1. The securities are set forth in
subparagraph (3) of paragraph (b) of section 18 of the Securities Act of 1933,
or subsubparagraph (D) of subparagraph (4) of paragraph (b) of section 18 of
the Securities Act of 1933, and the sales representative is not paid a
commission or other compensation, directly or indirectly, for soliciting any
person in this State; or
2. The
transactions in this State are limited to only those transactions set forth in
subparagraph (3) of paragraph (i) of section 15 of the Securities Exchange Act
of 1934.
Notes
NRS 90.320, 90.750
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