What is Illinois Intrastate Crowdfunding Exemption?

Last Updated: Dec 30, 2015 09:05PM CST
Illinois Intrastate Crowdfunding Exemption is the state law regarding the regulation of the securities industry in Illinois. Illinois Intrastate Crowdfunding Exemption authorizes Illinois based companies to raise up to $2 million per year and $4 million per year if issuer provides independently reviewed and officer certified financial statements, by sales of securities to other Illinois residents, with minimal regulatory compliance requirements.

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