[WSBARP] Securities question

Samuel Meyler smeyler at reedlongyearlaw.com
Wed Feb 5 08:56:44 PST 2025


Yes, this implicates securities issues.  There are exemptions that may apply but appropriate disclosure and representations should be well documented.

Sam

Samuel M. Meyler
Attorney at Law

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Reed Longyear Malnati Corwin & Burnett, PLLC
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From: wsbarp-bounces at lists.wsbarppt.com <wsbarp-bounces at lists.wsbarppt.com> On Behalf Of Craig Gourley
Sent: Wednesday, February 5, 2025 7:31 AM
To: WSBA Real Property Listserv <wsbarp at lists.wsbarppt.com>
Subject: [WSBARP] Securities question

Listmates,   we have a client with an existing ( I believe new) corporation that wants to bring in another person.  This person would “ buy in”  with a contribution to capital.   I am not a securities guy but my intuition says this is a securities transaction and full of liability for both the client and the attorney that facilitates this.   Thoughts?   Thanks, Craig

GOURLEY LAW GROUP
THE EXCHANGE CONNECTION
SNOHOMISH ESCROW
P.O. Box 1091
Snohomish, WA 98291
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