Atlanta Georgia Investment Letter - Intrastate Offering

Category:
State:
Multi-State
City:
Atlanta
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.

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Visit our online permitting portal. Head over to our career site and find yours today.Fill Out an Online Application. 1. Fill out the application form and assessment. First, complete the personality assessment. Welcome to Online Crime Reporting for the City of Atlanta Police Department. Fill out the required information about your business entity (listed above). The completed application and required documents must be returned to the Atlanta Police Department. Atlanta REALTORS® Association. State" to: Corporations Division, 2 Martin Luther King Jr. Dr. SE, Suite 313 West Tower,.

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Atlanta Georgia Investment Letter - Intrastate Offering