Legal Question in Securities Law in Pennsylvania
Raisng Money for a Limited Liability Company(small business)
Do the same rules and regulations apply when selling equity in an LLC as a C Corporation. In other words, Would you be required to do a registration under reg d in that you would be required to print a private placement memorandum, subscriptions agreements and accredited investor questionnaire.
And how would they differ.
Asked on 1/15/02, 12:51 pm
1 Answer from Attorneys
Nicholas Guiliano
Arbitration, Securities & Investment Fraud Lawyer
Re: Raisng Money for a Limited Liability Company(small business)
Yes, indeed, the same rules apply for any type of business association, corporation, L.L. C(orporation), partnership, etc.
Answered on 1/16/02, 7:45 am