California  |  Investment Law

Legal Question

Asked on: 4/18/13, 2:33 pm

The legal requirements for investment and loan. I know the definition but I cannot find a law the explains them.

1 Answer


Answered on: 4/18/13, 3:43 pm by Bryan Whipple

As a starting point, go on line and look up Hameetman v. California Franchise Tax Board, an unpublished 2006 case. The references therein may be useful. I don't know of any specific single law defining the distinction between debt and equity investment; there may be some in regualtions of the IRS and FTB, but in close cases courts may have to rely on gut feel.


Did you find this answer helpful?

0 Users found this answer helpful.

0 Attorneys agree with this answer.


Bryan R. R. Whipple, Attorney at Law P O Box 318 Tomales, CA 94971-0318

Other answers from this attorney

Didn't find what you were looking for? Ask an Attorney!

Get answers from the top Attorneys
Ask Question

133 Answers given in the last few hours.

8661 Active attorneys ready to answer your question

Search Past Answers:
  Advanced Search