Intrastate Offering

In the United States, a securities offering that can only be purchased in the state in which it is being issued. Because the offering does not include more than one state, it does not fall under the jurisdiction of the Securities and Exchange Commission and therefore does not need to be registered with the SEC. The offering does, however, fall under the jurisdiction of state regulators.

In order to be exempt from SEC regulations, the offering must meet the following requirements: it must be sold only to residents of the state in which it is issued; the issuing company must be registered in the state; and the company must do a significant amount of business in the state. Some companies choose this type of issue because it is less expensive than registering with the SEC.


Investment dictionary. . 2012.

Look at other dictionaries:

  • intrastate offering — A securities offering limited to just one state in the United States. Bloomberg Financial Dictionary …   Financial and business terms

  • offering — An issue of securities offered for sale to the public or private group. Securities offerings are generally of two types: primary (proceeds going to the company for some lawful purpose) and secondary (where the funds go to a person other than the… …   Black's law dictionary

  • Continental Airlines — Not to be confused with Continental Airways, a low cost airline in Russia. Continental Airlines IATA CO …   Wikipedia

  • United States — a republic in the N Western Hemisphere comprising 48 conterminous states, the District of Columbia, and Alaska in North America, and Hawaii in the N Pacific. 267,954,767; conterminous United States, 3,022,387 sq. mi. (7,827,982 sq. km); with… …   Universalium

  • American Airlines — IATA AA ICAO AAL Callsign AMERICAN …   Wikipedia

  • United Airlines — For other uses, see United Airlines (disambiguation). This article is about the airline. For information about the airline s parent company, see United Continental Holdings. United Airlines …   Wikipedia

  • Alaska Airlines — IATA AS ICAO ASA Callsign ALASKA …   Wikipedia

  • Securities Act of 1933 — Congress enacted the Securities Act of 1933 (the 1933 Act, the Truth in Securities Act or the Federal Securities Act , USStat|48|74, enacted 1933 05 27, codified at usc|15|77a et seq. ), in the aftermath of the stock market crash of 1929 and… …   Wikipedia

  • Delta Air Lines — Delta Air redirects here. For the defunct German airline, see DBA (airline). Delta Air Lines IATA DL ICAO …   Wikipedia

  • Northwest Airlines — IATA NW ICAO NWA Callsign NORTHWEST …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.