| (a) This section shall apply to the Registration by
Coordination in Texas of securities registered with the SEC in accordance
with the multijurisdictional disclosure system (MJDS) adopted in SEC
Release Number 33-6902.
(b) For purposes of the sections in the Act concerning
Registration by Coordination, MJDS offerings filed on SEC Form F-7,
Form F-8, or Form F-10, shall become effective the later of three
days after filing, or the effective date with the SEC, as long as
the application for registration is filed contemporaneously with the
SEC registration application in accordance with subsection (b) of §113.2
of this title (relating to Registration by Qualification or Coordination).
(c) Financial statements and financial information
for offerings filed under subsection (b) of this section shall comply
with instructions provided with SEC Form F-7, Form F-8, or Form F-10.
(d) In a rights offering, SEC Form F-7 will be accepted
in lieu of any state form required to claim an exemption for any transaction
pursuant to an offer to existing securities holders.
(e) After the SEC has declared effective an issuer's
Form F-8 or Form F-10 registration statement, a non-issuer transaction
in any class of the issuer's securities is exempt from registration,
whether or not the transaction is effected through a broker-dealer.
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