[Code of Federal Regulations]
[Title 17, Volume 2]
[Revised as of April 1, 2001]
From the U.S. Government Printing Office via GPO Access
[CITE: 17CFR228.510]

[Page 339]
 
              TITLE 17--COMMODITY AND SECURITIES EXCHANGES
 
             CHAPTER II--SECURITIES AND EXCHANGE COMMISSION
 
PART 228--INTEGRATED DISCLOSURE SYSTEM FOR SMALL BUSINESS ISSUERS--Table of Contents
 
                        Subpart A--Regulation S-B
 
Sec. 228.510  (Item 510) Disclosure of Commission Position on Indemnification for Securities Act Liabilities.

    Describe the indemnification provisions for directors, officers and 
controlling persons of the small business issuer against liability under 
the Securities Act. This includes any provision in the underwriting 
agreement which indemnifies the underwriter or its controlling persons 
against such liabilities where a director, officer or controlling person 
of the small business issuer is such an underwriter or controlling 
person or a member of any firm which is such an underwriter. In 
addition, provide the undertaking in the first sentence of Item 512(e).

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