Subscription Agreements

Subscription Agreements. All Mississippi investors must personally sign their subscription agreements when purchasing securities. Any program which allows an agent, fiduciary, trustee, legal representative, consultant, etc. of the investor to sign a subscription agreement in lieu of the investor signing must be amended accordingly. The Division will object to the use of subscription agreements which require purchasers of securities to acknowledge that: A. The purchaser has read the prospectus; B. The purchaser has relied only on the prospectus and not upon any representations made by any person; and C. The purchaser understands the risks of the investment.