Legal Question in Investment Law in Alabama
Promissory notes across states
A business in AL can obtain/borrow funds from a business in NV. Is this allowed?
Asked on 3/21/07, 4:14 pm
1 Answer from Attorneys
Damon Ryals
Damon R Ryals
Re: Promissory notes across states
Yes, but there can be various tax, contract law, etc. issues that will likely need to be considered.
Answered on 3/21/07, 4:37 pm
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