Ask a Lawyer and Get Answers to Your Legal Questions
Welcome to Just Answer! My name is***** give me a few minutes to review your inquiry. Thank you for your patience.
Because the loan would be going to the corporation from you, as a private investor who receives a promissory note [as opposed to a business loan from a bank], this transaction may be considered "a debt offering" security to which Reg. D applies. Under the Securities Act of 1933, any offer to sell securities must either be registered with the SEC or meet an exemption. Regulation D contains three rules providing exemptions from the registration requirements, allowing some companies to offer and sell their securities without having to register the securities with the SEC. For more information about these exemptions, read Rules 504, 505, and 506 of Regulation D.
(1) The information I provide is general in nature and for educational purposes only. For example, it may help you identify the scope of receiving unbundled legal services from a local lawyer. It should not be construed as “legal advice” or as the rendition of “legal services” on any subject matter. I am not a specialist in any field. This information may not reflect current legal developments for your specific jurisdiction and is not guaranteed to be correct or complete. No attorney-client relationship is established without a signed written agreement and our communications are not confidential. Please do not act or fail to act based on this information alone. If you need legal advice or services regarding a specific matter, you should consult in-person with a local lawyer who can guide you after reviewing all the pertinent details of your situation. This disclaimer also applies to any telephone communications we may have.
(2) Most follow-up questions are answered with in the hour; however, if I am not signed on, please allow up to 24 hours.
(3) When we are done, please assign a feedback rating.