G9: Securities Issuer: Exemptions
Minnesota Department of Commerce, Securities Unit
- Tier: primary; type: agency-guidance
- Last opened and confirmed: October 16, 2026
- https://mn.gov/commerce/money/investments/securities/issuer/exemptions.jsp
Current agency paragraph successfully retrieved in the paired substantive audit says a 308B cooperative notice must be filed 'at least 15 days after' completion of the first sale; displayed 2025 statute 80A.46(25)(B) says 'within 15 days after' the first sale in each offering. This is an at-least/within conflict, not a before-sale/after-sale conflict. Page metadata shows modification September 28, 2026; that metadata alone is not proof of the paragraph's amendment date. Preserve the statutory deadline and seek counsel/agency clarification before relying on filing practice.