Colorado Provides Guidance on Electronic Form D Filing Procedures for Rule 504, 505 and 506 Offerings

Beginning March 16, 2009, issuers intending to make a Rule 504, 505 or Rule 506 offering in Colorado must file a paper copy of the Form D electronically filed with the SEC, with an original signature. The copy of the electronic Form D with the electronic signature, with an original signature on the cover letter is accepted by the Colorado Securities Division as is the electronic Form D's consent to service of process. A filing fee of $75 made payable to the Colorado State Treasurer is required. The filing must be submitted to the Division no later than 15 days after the date of the first sale to a Colorado resident.

NOTE: Form D must be filed with the SEC and the Colorado Securities Division to qualify for exemption.

See here for more information.