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PDFWAC 460-16A-120

Price variance.

(1) Securities of the same class to be offered under the same registration statement should be offered and sold at the same price.
(2) The administrator may waive the provision of subsection (1) of this section to allow reduced sales commissions for purchases of large blocks of the issuer's securities, provided the net proceeds from such sales are the same as those realized from the sale of securities at the full commission price.
[Statutory Authority: RCW 21.20.450. WSR 98-17-013, § 460-16A-120, filed 8/10/98, effective 9/10/98; WSR 96-11-021, § 460-16A-120, filed 5/6/96, effective 6/6/96; Order 304, § 460-16A-120, filed 2/28/75, effective 4/1/75. Formerly chapter 460-16 WAC.]
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