Securities Act of 1933: Federal law that requires registration of securities offerings and provides for disclosure requirements if the bond is classified as a security

Truth in Lending Act (TILA): Federal law requiring disclosure of credit terms and standardizing the manner in which costs associated with borrowing are calculated and disclosed

UCC Article 3: Uniform Commercial Code Article governing negotiable instruments, including requirements for promissory notes to be legally binding and transferable

Dodd-Frank Act: Federal law providing regulatory framework for financial markets and consumer protection in financial transactions

Blue Sky Laws: State-specific securities laws regulating the offering and sale of securities to protect investors from fraudulent activities

State Usury Laws: State-specific laws that set maximum legal interest rates and regulate lending practices within the state

State Contract Laws: State-specific laws governing contract formation, enforcement, and remedies

State Statute of Limitations: State-specific time limits for bringing legal action to collect on a debt or enforce the note

Statute of Frauds: Legal requirement that certain contracts, including promissory notes, must be in writing to be enforceable

Internal Revenue Code: Federal tax laws governing the treatment of interest income and reporting requirements for debt instruments