1 Matching Annotations
  1. Jun 2020
    1. Many states have enacted (or are in various stages of enacting/considering) their own intrastate crowdfunding exemption laws. As of July 2016, thirty-one (31) states[23] have intrastate crowdfunding exemptions in place and seven (7) states[24] are in various stages of enacting/considering sponsored legislation regarding such intrastate crowdfunding. To date only one (1) state[25] has reviewed, and rejected, an intrastate crowdfunding exemption. Based on available information to date, the remaining states do not appear to be investigating the possibility of enacting an intrastate crowdfunding exemption. Anthony J. Zeoli, an Illinois attorney who drafted the intrastate crowdfunding exemption bill approved in Illinois, maintains an active database of all active and proposed intrastate crowdfunding exemption laws, as well as comparitave summaries of each.

      Current status