Posts Tagged ‘comany’

Are there any laws I need to follow when issuing stock to founders in different states?

Naomi Kokubo

Naomi Kokubo

Question: One of our founders asked us, “We’re starting the company with founders residing in more than one state.  Are there any laws that we should be aware of?”

Answer by Naomi Kokubo, Editor of Founders Space

I’m a big fan of Startup Law 101 series:  http://www.grellas.com/faq_business_startup.html

You need to look at the securities law surrounding the founder’s stock purchase and what is known as “blue sky” laws:

http://www.grellas.com/faq_business_startup_012.html