Arlington Texas Investment Letter - Intrastate Offering

Category:
State:
Multi-State
City:
Arlington
Control #:
US-1043BG
Format:
Word; 
Rich Text
Instant download

Description

Certain stock issue transactions are 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.

Form popularity

Interesting Questions

More info

Welcome to the Arlington County Police Department Online Police Reporting Service. Using this Internet Police Reporting System allows you to file a police report online immediately and print a copy of the police report for free.To request a copy of a police report please fill out a Record Request or call Police Support Services at 360-403-3400. To apply for a specific position, click the Add Job button on the "Employment Opportunities" section of the application. Find out how to register and about open enrollment in Arlington ISD. Fill Out the Town Census. Are you new to. Arlington? If you don't have an active account, please fill out a volunteer profile form. On the online calendar, you'll find one-time volunteer opportunities such as:. Individual volunteers can use the online volunteer calendar to sign up for many volunteering activities.

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

Arlington Texas Investment Letter - Intrastate Offering