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Podcast: Syndication Law & The Private Placement Memorandum Attorney
Episode: What are 'Blue Sky' laws when it comes to syndication?
Description: Tilden Moschetti, a syndication attorney with the Moschetti Law Group, explains the concept of blue sky laws in relation to syndications. These are state-specific laws that govern the sale of securities and investments within the jurisdiction of each state, separate from federal regulations.If a syndication solely involves elements within the same state (e.g., property, syndicator, and investors all being in California), it usually only needs to be registered within that state, bypassing the SEC filing. However, this varies as each state has its own rules.The situation becomes more complex if an out-of-state...