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LEGAL TERMS DIRECTORY
A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z Merit States The twelve States that require a public company to register with the State Securities Commission before selling stock in their State. They are called "Merit" because they can reject an applicant public company using "lack of merit" as their justification. Unless the company or the underwriter does business in a Merit State, it isn't worth the cost and effort to meet the filing requirements. The company is better served waiting until it trades on NASDAQ or any American stock exchange. At that time, it can trade in every Merit State without making a separate filing. Welcome to our Legal Directory
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Legal & Compliance, LLC 330 Clematis Street, Ste. 217 West Palm Beach, FL 33401 Phone: 800-341-2684 Local: 561-514-0936 Fax: 561-514-0832 E-mail: LauraAnthonyPA@aol.com www.PublicCompanyCompliance.com |