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C7: 17 CFR 230.147A — Intrastate offers and sales (2025 edition)

U.S. Government Publishing Office / Securities and Exchange Commission

Read issuer business tests, purchaser residence and reasonable belief, written representations, six-month resale restrictions, legends and notices. Archived 2025 edition; current eCFR was access-blocked. State MNvest imposes additional conditions.

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