In a securities-related document, where the Issuers and Investors each identify their conditions at the time the investment is made (e.g., an Issuer is solvent, the securities offered comply with securities laws, the Investor is an Accredited Investor, etc.). Misrepresentation can lead to criminal liability under federal and state securities laws. Pertains to debt or equity investment.
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by bsmith@carofin.com | Mar 8, 2019