Investment Representations for Investment in an LLC |
$15.00 |
| This is a simple one-page Investment Representation Letter for a person purchasing a membership interest in a California LLC. The source is the State Bar of California, "Guide to Organizing and Operating a Limited Liability Company in California."
Format: |
INVESTMENT REPRESENTATIONS
The undersigned ("Purchaser"), being a purchaser of a membership interest (the "Membership Interest") in _______________________, LLC, a California limited liability company (the "Company"), hereby represents, warrants, and acknowledges that:
Purchaser has (i) a preexisting personal or business relationship with the Company or one or more of its [officers], or control persons or (ii) by reason of Purchaser's business or financial experience, or by reason of the business or financial experience of Purchaser’s financial advisor who is unaffiliated with and who is not compensated, directly or indirectly, by the Company or any affiliate or selling agent of the Company, Purchaser is capable of evaluating the risks and merits of this investment and of protecting Purchaser’s own interests in connection with this investment.
Purchaser has not seen, received, been presented with, or been solicited by any leaflet, public promotional meeting, newspaper or magazine article or…
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