Philadelphia Pennsylvania Promotion Agreement for the Purpose of Raising Money for a Business

State:
Multi-State
County:
Philadelphia
Control #:
US-01866BG
Format:
Word; 
Rich Text
Instant download

Description

Any investment contract that gives a party to the contract evidence of a debt or a business participation right can be a security covered by the Federal Securities Act of 1933. 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. The issuer must also meet the following requirements:

" 80% of its assets must be located in the state;
" 80% of its income must be earned from operations within the state; and
" 80% of the proceeds from the sale must be used on operations within the state.

Also, for nine months after the issuance, the stock can only be sold to state residents.

If the offering is not exempt, then the issuer must go through the registration process with the Securities and Exchange Commission.

Free preview
  • Form preview
  • Form preview
  • Form preview
  • Form preview
  • Form preview

How to fill out Philadelphia Pennsylvania Promotion Agreement For The Purpose Of Raising Money For A Business?

Drafting papers for the business or individual demands is always a big responsibility. When drawing up an agreement, a public service request, or a power of attorney, it's crucial to take into account all federal and state laws and regulations of the particular region. Nevertheless, small counties and even cities also have legislative procedures that you need to consider. All these details make it burdensome and time-consuming to generate Philadelphia Promotion Agreement for the Purpose of Raising Money for a Business without professional assistance.

It's easy to avoid spending money on attorneys drafting your paperwork and create a legally valid Philadelphia Promotion Agreement for the Purpose of Raising Money for a Business on your own, using the US Legal Forms online library. It is the greatest online catalog of state-specific legal documents that are professionally verified, so you can be certain of their validity when picking a sample for your county. Previously subscribed users only need to log in to their accounts to save the necessary form.

If you still don't have a subscription, follow the step-by-step guide below to obtain the Philadelphia Promotion Agreement for the Purpose of Raising Money for a Business:

  1. Look through the page you've opened and check if it has the document you need.
  2. To do so, use the form description and preview if these options are available.
  3. To find the one that fits your needs, utilize the search tab in the page header.
  4. Recheck that the sample complies with juridical criteria and click Buy Now.
  5. Choose the subscription plan, then sign in or register for an account with the US Legal Forms.
  6. Utilize your credit card or PayPal account to pay for your subscription.
  7. Download the selected file in the preferred format, print it, or complete it electronically.

The great thing about the US Legal Forms library is that all the paperwork you've ever purchased never gets lost - you can access it in your profile within the My Forms tab at any time. Join the platform and easily get verified legal forms for any situation with just a few clicks!

Trusted and secure by over 3 million people of the world’s leading companies

Philadelphia Pennsylvania Promotion Agreement for the Purpose of Raising Money for a Business