North Carolina Investment Letter regarding Intrastate Offering
Category:
State:
Multi-State
Control #:
US-02404BG
Format:
Word;
PDF;
Rich Text
Instant download
Description
Certain stock issue transactions are also exempt (i.e., exempt from registration with the Securities and Exchange Commission). The most common exempt transaction that close corporations take advantage of is the intrastate offering. To qualify for this exemption, both the investors and the issuer must all be residents of the same state
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