Question

Prospectus must be issued to public within ______ days from date of filing with Registrar.

• A. 45
• B. 90
• C. 120
• D. 150

Answer 1

Answer: (B)

90

A prospectus must not be issued more than 90 days after the date on which a copy thereof is delivered for registration. If a prospectus is issued it will be deemed to be a prospectus a copy of which has not been delivered to the registrar.