The law establish the following rules:
The bill which was only recently approved will make Illinois the 19th state adopting an intrastate crowdfunding exemption. It is still a question of what will happen to all these intrastate legal frameworks when Title IV of the JOBS Act will enter into effect.
References
Zeoli, A. (2015). Illinois Crowdfunding Bill Gets Approval in Both House & Senate. Crowdfundinsider
- Investors:
- Companies:
- Platforms:
The bill which was only recently approved will make Illinois the 19th state adopting an intrastate crowdfunding exemption. It is still a question of what will happen to all these intrastate legal frameworks when Title IV of the JOBS Act will enter into effect.
References
Zeoli, A. (2015). Illinois Crowdfunding Bill Gets Approval in Both House & Senate. Crowdfundinsider
About the author - Irene Tordera Born and raised in Milan, Italy, Irene is an International Business graduate, with a strong interest for innovative ideas that can simplify our lives. During her studies, she co-founded an online community for sportspeople and worked in marketing positions at Ogilvy & Mather Advertising and at the European Business Angel Network, in Brussels. She is a passionate blogger about crowdfunding and the startup ecosystem. |