You must reside in one of the states listed below and meet that state’s Financial Suitability conditions, as described below. Individual investors can invest in Notes if they are a resident of:
California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Kentucky, Louisiana, Maine, Massachusetts, Minnesota, Mississippi, Montana, New Hampshire, Nevada, New York, Rhode Island, South Dakota, Utah, Vermont, Virginia, Washington, Wisconsin, West Virginia, and Wyoming.
Investors who are residents of states other than California or Kentucky must have:
(a) an annual gross income of at least $70,000 and a net worth (exclusive of home, home furnishings, and automobile) of at least $70,000 or
(b) have a net worth of at least $250,000 (determined with the same exclusions).
Investors who are residents of California must have:
(a) an annual gross income of at least $85,000 and a net worth of at least $85,000 (exclusive of home, home furnishings, and automobile) or
(b) have a net worth of at least $200,000 (determined with the same exclusions) or
(c) invest no more than $2,500 in Notes if the investor does not meet either of the tests set forth in (a) or (b).
Investors who are residents of Kentucky
must qualify as an "Accredited Investor" as determined pursuant to Rule 501(a) of Regulation D under the Securities Act of 1933, and as described here
. Regardless of your state of residence, you may not purchase Notes in an amount in excess of 10% of your net worth (exclusive of the value of your home, home furnishings and automobile).
Note that some of these conditions do not apply to the Note Trading Platform.