Legal Question in Business Law in Minnesota

?If not can I invest in such a business but not be an owner? As a licensed mortgage broker can I also own a lead generation company that sales leads to the mortgage industry?? If not can I invest in such a business but not be an owner?


Asked on 11/24/15, 8:23 am

1 Answer from Attorneys

David Anderson Anderson Business Law LLC

Maybe and no

1st Q governed by your Originator Production agreement

2nd Q assumes equity purchase, which is ownership

You could LEND $ but not invest

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Answered on 11/24/15, 9:14 am


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