Investors are generally
restricted from reselling shares for a one-year period after they were issued,
unless the shares are transferred:
to
the company that issued the securities;
to
an accredited investor;
to
a family member (defined as a child, stepchild, grandchild, parent, stepparent,
grandparent, spouse or spousal equivalent, sibling, mother-in-law,
father-in-law, son-in-law, daughter-in-law, brother-in-law, or sister-in-law,
including adoptive relationships);in connection with your death or divorce or
other similar circumstance;
to
a trust controlled by you or a trust created for the benefit of a family
member; as part of an offering registered with the SEC.
After that one-year
period, shares are freely transferable unless the company that issued them
imposes restrictions.
Invest