Other Requirements

The following standards apply to registration of SCOR equity securities: A. 12.11.9.9 NMAC, Impoundment of Proceeds; if the proposed business of the company requires a minimum amount of proceeds to commence or continue the business in the manner proposed, the company shall establish an escrow provided that the escrow agent shall be a bank, savings and loan association, or other similar depository institution, or an independent escrow agent approved by the director in accordance with Subsection H of 58-13B-24; B. 12.11.9.10 NMAC, Loans and Other Material Affiliated Transactions; C. 12.11.9.11 NMAC, Options and Warrants; D. 12.11.9.12 NMAC, Promoter’s Equity Investment, provided that the amounts set forth therein may be reduced at the discretion of the director for good cause shown; E. 12.11.9.13 NMAC, Promotional Shares; F. 12.11.9.15 NMAC, Underwriting Expenses, Underwriter’s Warrants, Selling Expenses and Selling Security Holders; and G. 12.11.9.19 NMAC, Debt Securities.