Cohousing-L Mailing List: Cohousing investors and securities law

[Jim Swenson (swensonian]

Can someone point me to the legal theory that allows contributions
from initial cohousing equity members to avoid state and federal
securities regulations?  I've done a lot of searching in the
cohousing-L archives and found precious little talk - probably for
good reason.  But, with the amount we are investing in our project, we
are not quite comfortable with the "just don't say anything - fly
under the radar" approach. I'd appreciate any thoughts either directly
to me or to the list.
Thanks.
Jim Swenson
PDX Commons Cohousing
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pdxcommons.com
swensonian [at] gmail.com