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Welcome to Community Enterprise Law!

The Community Enterprise Law project shares legal tools to help support community-owned economies.  Our Community Law Library takes a broad look at laws on forming and financing community-based...

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Delaware’s New Benefit Corporation Legislation

September 5, 2013 By Devin McDougall Overview On August 1, 2013, Delaware’s new benefit corporation law came into effect,1 making Delaware the 19th state2 to authorize the formation of benefit...

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Investment Crowdfunding: One Step Closer

The Sustainable Economies Law Center at the signing of the 2012 JOBS Act October 24, 2013 By Caroline Lee, SELC Community Enterprises Law Fellow The Securities and Exchange Commission (SEC) released...

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Public Advertising to Wealthy Investors: The New SEC Rule 506(c) vs....

November 4, 2013 By Caroline Lee, SELC Legal Fellow The materials available at this web site are for informational purposes only and not for the purpose of providing legal advice. You should contact...

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Is Delaware the Best Place to Incorporate a Nonprofit?

By Devin McDougall, SELC Volunteer Most nonprofit corporations are formed under the laws of their “home state,” that is, the state in which the incorporators reside or in which the nonprofit plans to...

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Community Capital Spotlight: Oregon’s Community Public Offering Exemption

In early 2015,  the Oregon Department of Consumer and Business Services used its authority under Oregon Revised Statute Section 59.035(15) to establish the Oregon Intrastate Offering Exemption through...

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An Introduction to the Investment Company Act of 1940

Written by Geoffrey Gilbert, Sustainable Economies Law Center Intern What is the Investment Company Act of 1940? The Investment Company Act of 1940 regulates investment companies. It defines an...

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