Internal Revenue Code: Federal tax regulations governing ownership structure implications, tax treatment of distributed profits, and filing requirements for equal ownership entities
Securities Exchange Act: Federal regulations governing securities transactions and ownership interests, potentially applicable if ownership shares are considered securities
Uniform Commercial Code: Standardized business laws governing commercial transactions across states
State Business Entity Laws: State-specific regulations governing LLC/Corporation formation, partnership structures, and business registration requirements
State Contract Laws: State-specific requirements for contract formation, Statute of Frauds, and enforceability provisions
Federal Employment Laws: Including Fair Labor Standards Act and other regulations applicable when owners are also employees
Securities Regulations: Federal and state-level securities laws governing ownership interest transfers and registration requirements
Operating Agreement Requirements: State-specific mandates for operating agreements, including voting rights and management structure provisions
Buy-Sell Provisions: Legal framework for ownership transfer restrictions, valuation methods, and exit procedures in equal ownership arrangements
