Legal Question in Investment Law in California

The legal requirements for investment and loan. I know the definition but I cannot find a law the explains them.


Asked on 4/18/13, 2:33 pm

1 Answer from Attorneys
Bryan Whipple Bryan R. R. Whipple, Attorney at Law

As a starting point, go on line and look up Hameetman v. California Franchise Tax Board, an unpublished 2006 case. The references therein may be useful. I don't know of any specific single law defining the distinction between debt and equity investment; there may be some in regualtions of the IRS and FTB, but in close cases courts may have to rely on gut feel.

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Answered on 4/18/13, 3:43 pm


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