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