A bond issue has recently been registered with the state Administrator.

An investor can feel secure in buying the bond because it has recently been registered, which means that the state Administrator finds it to be of sound quality at this point in time.

The bond may now be offered for sale in the state.

The issuer may now offer this bond for sale, and any other bonds that the issuer may want to offer for sale in the future will be able be sold after the issuer executes a notice filing.

Both A and B are true statements.