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THE EXEMPTIONS LISTED BELOW ARE SELF-EXECUTING AND DO NOT REQUIRE ANY FILING WITH THE DEPARTMENT EXEMPT SECURITIES (Section 517.051, Florida Statutes)
The sale of exempt securities made in reliance upon sections 517.051 (1) – (8), and (10) Florida statutes, may be made by the issuer without a registered dealer pursuant to section 517.12 (2), Florida statutes. However, please note that non-issuer sales must be made through a registered dealer pursuant to Section 517.12, Florida Statutes. The sale of exempt securities made in reliance upon section 517.051 (9) Florida statutes, must be made through a registered dealer pursuant to section 517.12 (1), Florida statutes. EXEMPT TRANSACTIONS
(Section 517.061, Florida Statutes) The following exempt transactions may be made without a registered dealer as provided by section 517.12(3) , Florida statutes: Sections 517.061 (1) – (12), (14) and (15) Florida statutes. The following exempt transactions must be made through a registered dealer pursuant to section 517.12(1), Florida statutes: Sections 517.061 (13), (16), (17), (18) and (20), Florida statutes.
REGULATION D RULE 504 PUBLIC OFFERINGS Sales must be made pursuant to the registration by Qualification requirements of section 517.081, Florida Statutes and Rule 69W-700.001, Florida Administrative Code, and the dealer registration requirements of section 517.12, Florida Statutes. PRIVATE OFFERINGS Sales may be made pursuant to section 517.061 (11), Florida Statutes, Rules 69W-500.001 – 500.007, Florida Administrative Code, and the dealer registration or exemption requirements of sections 517.12 (1) or (3), Florida Statutes. RULE 505 Sales may be made pursuant to section 517.061 (11), Florida Statutes, Rule 69W-500.001 – 500.007, Florida Administrative Code, and sections 517.12 (1) or (3), Florida Statutes. RULE 506 THE STATE OF FLORIDA DOES NOT REQUIRE ANY NOTICE, FILING FEE, OR CONSENT TO SERVICE FOR RULE 506 OFFERINGS. (Section 517.07(1), F.S.) ALL SALES OF SECURITIES IN FLORIDA MUST BE MADE BY A REGISTERED DEALER (SECTION 517.12(1), F.S.) OR BY SOMEONE UTILIZING AN EXEMPTION PROVIDED BY SECTION 517.12(3), F.S. (This includes officers and employees of Rule 506 issuers). THERE ARE TWO EXEMPTIONS AVAILABLE UNDER SECTION 517.12(3) F.S. FOR ISSUERS OF RULE 506 OFFERINGS: Sections 517.061(19) and 517.021(6)(b)6, Florida Statutes and Florida Administrative Code Rule 69W-500.016, requiring the offer and sale to be made by a bona fide employee of the issuer
- and - Sections 517.061(11), and 517.021(6)(b)6, Florida Statutes and Florida Administrative Code Rule 69W-500.001 - 007, requiring the sale to be made in reliance upon a limited offering exemption.
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