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

To determine whether you can offer equity to investors without violating securities laws in Nebraska, you need to review the Securities Act of Nebraska [1.1][3.1][1.2].

Exemptions from Securities Act of Nebraska

The Securities Act of Nebraska provides exemptions for certain types of organizations and securities [1.1][3.1][1.2]. For example, member interests offered or sold by a limited cooperative association are exempt from the Securities Act of Nebraska to the extent interests offered or sold by other types of organizations are exempt under subdivision (15) of section 8-1111 [1.1]. Additionally, the act shall not apply to the issuance of membership certificates by corporations organized under the Electric Cooperative Corporation Act that have borrowed money from any federal agency [3.1]. The shares of capital stock of a corporation and the documents representing the indebtedness of the corporation to its members, and any offering of the above, shall be exempt from registration under the Securities Act of Nebraska [1.2].

Public-offering statement

If an interest in a condominium is currently registered with the Securities and Exchange Commission of the United States, a declarant satisfies all requirements relating to the preparation of a public-offering statement of the Nebraska Condominium Act if he or she delivers to the purchaser a copy of the public-offering statement filed with the Securities and Exchange Commission [2.1].

Based on the above information, it is possible to offer equity to investors without violating securities laws in Nebraska if the offering falls under one of the exemptions provided by the Securities Act of Nebraska or if the interest in a condominium is currently registered with the Securities and Exchange Commission of the United States. However, it is recommended that you consult with a legal professional to ensure compliance with all applicable laws and regulations.

Source(s):
Jurisdiction

Nebraska