Michigan enacted an intrastate investment crowdfunding exemption back in 2013 with broad bipartisan support. But legislators are looking to expand the reach of the current rule by updating the law.
According to the Michigan House Republicans, State Representative Bronna Kahle’s new legislation (HB 4305) will broaden the reach to allow Michigan residents the opportunity to invest in small businesses primarily doing business in the state – not just Michigan based businesses.
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