18 NCAC 06A .1507          IMPLICATIONS OF REGISTRATION OR EXEMPTION

The filing of an application for registration, the fact an application has been filed, or the fact a security is effectively registered does not constitute a finding that any document filed under this Chapter is true, complete and not misleading.  The fact an exemption is available for a security does not mean the administrator has passed upon the merits of the claim, or recommended or given approval to any person, security or transaction.

 

History Note:        Authority G.S. 78A‑10(a); 78A‑49(a);

Eff. April 1, 1981;

Pursuant to G.S. 150B-21.3A, rule is necessary without substantive public interest Eff. December 6, 2016.