> ## Knowledge Base Index
> Fetch the complete knowledge base index at: https://biasinvestors.crisp.help/sitemap.xml
> Use this file to discover available pages before exploring further.
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# Rule 147

An exemption from the registration requirements of the Securities Act of 1933 for intrastate offerings if certain requirements are met. One such requirement is that 100% of the purchasers must be from within one state.