PURPOSE: This rule prescribes policies and procedures applicable to filings for the exemption of government issued or guaranteed securities.
- (1) Any request filed with respect to the availability of the exemption specified in section 409.402(a)(1) or (2) of the Missouri Uniform Securities Act (the Act) shall be accompanied by all available opinions and other documentation of governmental authorities supporting or relating to the availability of a like exemption in or under the issuer or guarantor.
- (2) Any security (including a revenue obligation), for the purposes of section 409.402(a)(1) of the Act, shall be construed to include loan or lease arrangement guarantees, as well as revenue obligations to which they relate.
- (3) Any guarantee of security exempt from registration pursuant to section 409.402(a)(1) of the Act is also exempt.
AUTHORITY: sections 409.402(a)(1) and (2), and 409.413(a), RSMo 1986.* Original rule filed July 21, 1972, effective Aug. 1, 1972. Amended: Filed March 21, 1974, effec- 15 CSR 30-54 tive April 1, 1974. Amended: Filed Nov. 15, 1974, effective Nov. 25, 1974. Amended: Filed Dec. 19, 1975, effective Dec. 31, 1975. Amended: Filed Dec. 22, 1987, effective Aug. 11, 1988. *Original authority: 409.402(a)(1) and (2), RSMo 1967, amended 1977, 1978, 1986 and 409.413(a), RSMo 1967.