State Securities Qualification. You will not offer shares of ------------------------------ any Fund for sale in any state where such Fund is not qualified for sale under the blue sky laws and regulations of such state or where you are not qualified to act as a dealer, except for states in which the Fund or you are exempt from qualification.
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State Securities Qualification. You will not offer shares of ------------------------------ any Fund for sale in any state where such Fund is not qualified for sale under the blue sky laws and regulations of such state or where you are not qualified to act as a dealer, except for states in which the Fund or you are exempt from qualification.
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Sources: Distribution Agreement (Nomura Pacific Basin Fund Inc)