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To Qualify for a Rule 147 Intrastate Public Stock Offering,a

Question 55

Multiple Choice

To qualify for a Rule 147 Intrastate public stock offering,a company must:


A) be a limited partnership.
B) file an SB-1 with the SEC 60 days before the offering.
C) derive 60% of its revenues in the state in which it makes this offering.
D) use 80% of the offering proceeds for business in the state in which it makes this offering.

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