Can I offer equity to investors without violating securities laws in Missouri? What are the requirements?

Based on the provided context documents, it appears that there are specific laws and regulations in Missouri regarding the issuance and sale of equity securities.

Requirements for Issuing Equity Securities

According to MORS 362.075 and MORS 362.085, a bank, trust company, or other financial institution may issue and sell its shares of preferred stock, subject to the provisions of sections 362.075 to 362.100 and the approval of the finance director of the state of Missouri. This means that a corporation must obtain the approval of the finance director before issuing and selling preferred stock shares.

Exemptions

MORS 371.250 and MORS 409.2-201 state that certain securities are exempt from the requirements of sections 409.3-301 to 409.3-306 and 409.5-504. These exemptions include securities issued, insured, or guaranteed by the United States, a state, a political subdivision of a state, a public authority, agency, or instrumentality of one or more states, a political subdivision of one or more states, or a person controlled or supervised by and acting as an instrumentality of the United States under authority granted by the Congress. Additionally, securities issued by certain financial institutions, insurance companies, and cooperatives may also be exempt.

Conclusion

Based on the provided context documents, it appears that a bank, trust company, or other financial institution may issue and sell its shares of preferred stock in Missouri, subject to the approval of the finance director. However, it is important to note that there may be additional requirements and regulations that must be followed. It is recommended that you consult with a legal professional to ensure compliance with all applicable laws and regulations.

Jurisdiction

Missouri

• General