I Want Investors to Invest in My LLC
Question: I am interested in more information on Arizona Revised Statutes Section 44-1844.A. I am want to open a new business and I’m looking for investors. I want information on how to do it without affecting the Arizona Securities Division.
Answer: If you will offer interests in your LLC to investors in exchange for them paying money or value assets you are offering and selling a security and must comply with federal and state securities laws. If you fail to comply with federal and state securities laws and an investor loses money federal and state securities laws say the promoter(s) – you in this case – are liable for the loss.
You need to hire an experienced securities law attorney to advise you and prepare the documents needed to comply with federal and state securities laws. The cost of the legal advice is a cost of raising the capital. We do not provide securities law advice.