PURPOSE: This rule permits the adoption of the North American Securities Administrator’s Association, Inc. Guidelines for the Registration of Real Estate Investment Trusts.

Editor’s Note: The secretary of state has determined that the publication of this rule in its entirety would be unduly cumbersome or expensive. The entire text of the material referenced has been filed with the secretary of state. This material may be found at the Office of the Secretary of State or at the headquarters of the agency and is available to any interested person at a cost established by state law.

Real Estate Investment Trusts shall substantially comply, as determined by the commissioner by order or otherwise, with the North American Securities Administrator’s Association, Inc. (NASAA) Guidelines for the Registration of Real Estate Investment Trusts. Other unincorporated real estate trusts shall comply with the NASAA Real Estate Investment Trust Guidelines where applicable.

AUTHORITY: sections 409.306 and 409.413(a), RSMo (1986). *Original rule filed June 25, 1968, effective Aug. 1, 1968. Amended: Filed May 21, 1969, effective Aug. 1, 1969. Amended: Filed July 21, 1972, effective Aug. 1, 1972. Amended: Filed Nov. 15, 1974, effective Nov. 25, 1974. Rescinded and readopted: Filed Aug. 1, 1984, effective Nov. 11, 1984. *Original authority: 409.306, RSMo (1967), amended 1977 and 409.413(a), RSMo (1967).