57-38.6-02. Certification - Investment reporting by qualified businesses

57-38.6-02. Certification - Investment reporting by qualified businesses 1. The director shall certify whether a business that has requested to become a qualified business meets the requirements of subsection 5 of section 57-38.6-01. The director shall establish the necessary forms and procedures for certifying qualified businesses. 2. A qualified business may apply to the director for a recertification. Only one recertification is available to a qualified business. The application for recertification must be filed with the director within ninety days before the original certification expiry date. The recertification issued by the director must comply with the provisions of subsection 3. 3. The director may not certify more than ten qualified businesses during each calendar year. This limitation does not apply to a qualified business that is seeking recertification during the calendar year. 4. A certification letter must be issued by the director to the qualified business. The certification letter must include: a. The certification effective date. b. The certification expiry date. The expiry date may not be more than four years from the certification effective date.