{"data":{"id":"us-va/21vac5-45-30","jurisdiction":"us-va","citation":"21VAC5-45-30","heading":"Federal Regulation A Tier 2 offerings","body":"A. An issuer planning to offer and sell securities in this Commonwealth in an offering exempt under Tier 2 of federal Regulation A (17 CFR 230.251 through 17 CFR 230.263) and § 18(b)(3) or 18(b)(4) of the Securities Act of 1933 (15 USC § 77a) shall submit the following at least 21 calendar days prior to the initial sale in this Commonwealth:\n\n1. A completed Regulation A – Tier 2 notice filing form or copies of all documents filed with the U.S. Securities and Exchange Commission;\n\n2. A consent to service of process on Form U-2 if not filing on the Regulation A – Tier 2 notice filing form; and\n\n3. A filing fee of $500 payable the Treasurer of Virginia.\n\nB. The initial notice filing is effective for 12 months from the date of the filing with this Commonwealth. For each additional 12-month period in which the same offering is continued, an issuer conducting a Tier 2 offering under federal Regulation A may renew its notice filing by filing the following on or before the expiration of the notice filing:\n\n1. The Regulation A – Tier 2 notice filing form marked \"renewal\" or a cover letter or other document requesting renewal; and\n\n2. A renewal fee in the amount of $250 payable to the Treasurer of Virginia.\n\nC. An issuer may increase the amount of securities offered in this Commonwealth by submitting a Regulation A – Tier 2 notice filing form marked \"amendment\" or other document describing the transaction.\n\nD. Should the filing not be timely made in accordance with subsection A of this section, in addition to the filing fee set forth in subsection A of this section, a late charge of $250 will be assessed if filed within 90 days of the initial sale in this Commonwealth, $500 if filed within six months of the initial sale, and $750 if filed more than six months after the initial sale.","path":["Title 21. Securities And Retail Franchising","Agency 5. State Corporation Commission, Division of Securities And Retail Franchising","Chapter 45. Federal Covered Securities"],"source_url":"https://law.lis.virginia.gov/admincode/title21/agency5/chapter45/section30/","current_through":"2026 Regular Session (effective July 1, 2026)","vintage":"","retrieved_at":"2026-09-14T04:53:34Z","sha256":"495a627f62c8d646b2bebb413f6bbcc0e945cb46c784f8ba1c61de8e593f82a3","source_id":"us-va-vac","stale":false,"prev":"us-va/21vac5-45-20","next":"us-va/21vac5-45-40"},"notice":"GroundRules: Original legal text. Not legal advice."}