WAC 460-18A-010   Filing requirements -- Investment companies other than closed-end companies.  The following provisions apply to investment companies other than closed-end companies, as those terms are defined by the Investment Company Act of 1940:

     (1) Initial filing. An investment company, other than a closed-end company, making an initial notice filing pursuant to RCW 21.20.327 (1)(a) shall submit the following prior to the initial offer in this state:

     (a) A completed Form NF or other document identifying the filing;

     (b) A consent to service of process on Form U-2; and

     (c) The filing fee prescribed by RCW 21.20.340 (2)(b).

     The initial notice filing is effective for twelve months.

     (2) Renewal. An investment company, other than a closed-end company, complying with RCW 21.20.327 (1)(b) may renew the unsold portion of its initial notice filing for one additional twelve-month period by filing the following on or before the expiration of the initial notice filing:

     (a) The renewal announcement provided by the division and/or a cover letter or other document requesting renewal;

     (b) The renewal fee prescribed by RCW 21.20.340 (2)(b) to renew the unsold portion of securities for which a filing fee has previously been paid; and

     (c) If the amount of securities subject to the notice filing is being increased, the fee prescribed by RCW 21.20.340 (2)(b) to cover the increase in the amount of securities to be offered.

     (3) Renotification. An investment company, other than a closed-end company, complying with RCW 21.20.327 (1)(b) may continue its offering following the twelve-month renewal period specified in subsection (2) of this section by complying with subsection (1) of this section.

     (4) Amendment. An investment company, other than a closed-end company, complying with RCW 21.20.327 (1)(b) may increase the amount of securities offered in this state by submitting an amended Form NF or other document describing the transaction and a fee calculated pursuant to RCW 21.20.340 (2)(b) to cover the increase in the amount of securities being offered.



[Statutory Authority: RCW 21.20.450 and 1998 c 15 § 12. 98-18-031, § 460-18A-010, filed 8/26/98, effective 9/26/98.]