Securities Act of 1933: Federal law that requires registration of securities offerings and mandates disclosure requirements if the shareholder loan could be classified as a security
Securities Exchange Act of 1934: Federal law governing secondary trading of securities and establishing SEC oversight, relevant if the loan terms could be considered a security transaction
Truth in Lending Act (TILA): Federal law requiring disclosure of key terms and costs in lending agreements to promote informed borrowing decisions
Dodd-Frank Act: Comprehensive financial reform legislation affecting lending practices and corporate governance requirements
Internal Revenue Code: Federal tax regulations governing the treatment of shareholder loans, including below-market loans and interest payment requirements
State Corporation Laws: State-specific regulations governing corporate operations, including requirements for shareholder transactions and corporate borrowing
Blue Sky Laws: State-specific securities laws regulating the offering and sale of securities, including potential classification of certain loans as securities
State Usury Laws: State-specific regulations setting maximum interest rates and other lending terms that can be charged on loans
State Contract Laws: State-specific requirements for valid contract formation, enforcement, and remedies
SEC Regulations: Federal regulatory requirements for public companies regarding disclosure and reporting of shareholder loans
Articles of Incorporation: Company's founding document that may contain restrictions or requirements regarding shareholder loans
Company Bylaws: Internal company rules that may govern the process and approval requirements for shareholder loans
Sarbanes-Oxley Act: Federal law imposing corporate governance and financial reporting requirements, including disclosure of insider transactions
GAAP Compliance: Generally Accepted Accounting Principles governing how shareholder loans must be recorded and reported in financial statements
Existing Loan Agreements: Current debt covenants and loan agreements that may restrict or impact the company's ability to take on additional debt
