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Tag: statements

Articles tagged as Statements

Legal Considerations for Raising Capital

Posted on April 18, 2021 by Adam Eaglin
There are numerous legal considerations every entrepreneur must face when starting a new business, and raising startup capital is one that can be fraught with risk.Hiring a qualified securities attorney isn't a luxury; it is a requirement for businesses seeking to raise capital from third parties.Some of the key general considerations are:O Properly organizing the business as business entity under state law;O Ensuring the firm has issued sufficient authorized shares of stock of the same type that will be offered to investors;O Be sure that any existing and possible legal issues are solved before issuing stock to investors;O Have an experienced securities attorney analyze the federal securities laws, along with the securities laws of any state where stock may be provided to potential investors, to make sure the company and its investment offer complies with these laws;O Have your lawyer clarify in writing the potential personal liabilities of the organization's directors and officers if the company violates any federal or state securities laws in raising capital...

Extending Consumer Credit Requires Compliance With Federal Laws

Posted on March 24, 2021 by Adam Eaglin
It's important for any prospective business purchaser to perform due diligence in researching a potential target business.A few of the documents you'll have to collect and review on your analysis of whether a specific business would be a fantastic acquisition include the following kinds of documents.1.Corporate and OrganizationalO Certified copy of articles of incorporation and bylaws of business and subsidiaries as currently in effect;o Partnership agreement and any amendments thereto;O A copy of the most current organization chart available of this company;O A list of states and foreign countries (if any) where the Company isqualified to do business; andO All names under which the firm has done business in the last five years; this includes registered and unregistered trademarks, fictitious name statements...