HAR §16-38-60. Application of this chapter to SCOR registrations

(a) The provisions of subchapters 6, 7, and 8 shall apply to registrations under this subchapter; provided that section 16-38-11.1 relating to financial reports, section 16-38-11.7 relating to real estate investment trusts, and section 16-38-13 relating to SEC effective dates shall not apply. (b) The commissioner reserves the right to apply this chapter (or any provision therein) to offerings under this subchapter if the commissioner determines that such application, even in the small business offering context, is necessary for the protection of investors. [Eff and comp 4/14/03] (Auth: HRS §485-2) (Imp: HRS §§485-10, 485-24.5)