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Stocks
and Other Securities
The sale of stock or
other securities is not permitted on NWMarketplace.
Violations of this
policy may result in a range of actions, including:
Examples of items
NOT allowed on NWMarketplace:
All stocks, bonds,
and investment interests in any entity or property, including but
not limited to corporations or partnerships, other than the
exceptions permitted below for cancelled certificates and
single-share gifts.
Credit (for
example, you may not sell $1000 in credit to a buyer).
Solicitations to
invest money in any business venture.
Any portion of an
ongoing business.
100% of any ongoing
business if the sale involves a transfer of any stock in that
business.
Documentation that
represents proof of a current investment interest in any entity.
Notes (except as
specifically permitted under our Real Estate Rules).
Some
business-related items are not "securities" and may be
listed on NWMarketplace. Examples of items that can be sold:
100% of the assets
of a business (inventory, lease, good will) where no transfer of
stock is involved.
Information about
how to start a business.
Any sale of
inventory, leases, fixtures.
"Turn key"
businesses such as vending machines or windshield repair kits.
Tools used for a
business, such as silk screening machines or photo mug equipment.
Websites or domain
names.
Old or collectible
stock certificates, provided that such stock certificates are
cancelled or represent an interest in an entity that no longer
legally exists.
Single-share stock
certificates marketed for gift purposes rather than investment
purposes, provided that the certificates are marked and advertised
as non-transferable, the ownership is not transferred into the name
of the purchaser, and the minimum sale price is more than twice the
current exchange trading price of the underlying single share
security.
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