In order to register a business opportunity, the seller shall file with the director of the Division of Insurance one of the following disclosure documents with the appropriate cover sheet as required by § 37-25A-15 , a consent to service of process as specified in § 37-25A-9 and the appropriate fee as required by § 37-25A-10 : (1) A disclosure document prepared pursuant to § 37-25A-15 ; or (2) A disclosure document prepared pursuant to 16 C.F.R. Part 437 as of January 1, 2008.
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