Business Guide to Selling Securities

The State of Michigan has a few excellent resource guides available on its Web site, including a Business Guide to Selling Securities. The guide gives a general overview of the Michigan

Uniform Securities Act and provides a summary of the registration and exemption provisions of state and federal law. The sale of securities can be an excellent source for a small company to raise capital.

While the State's guide offers a good introduction, technical compliance with the requirements of state and federal securities law is necessary to avoid exposure to criminal, civil or administrative penalties. A person should not engage in any securities related activities until their intended course of action has been discussed with competent legal counsel.

If you are interested in pursuing some of the business exemptions, taking your business public, or attracting investors to a business deal, please contact the Gallagher Law Firm.
Categories: Business Law