Investor Presentaiton
Eligibility Requirements for Investors
"Related Member"
Corporation
A corporation and any party related to the corporation in a manner that would require an attribution of stock from the corporation
under the attribution rules of Section 318 of the Internal Revenue Code, if the applicant and any other related member own, in the
aggregate, directly, indirectly, beneficially, or constructively, at least 50% of the value of the outstanding stock of the QNBV that is the
recipient of the applicant's investment.
The Internal Revenue Code notes attribution from corporations as follows:
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If 50 percent or more in value of the stock in a corporation is owned, directly or indirectly, by or for any person, such person shall
be considered as owning the stock owned, directly or indirectly, by or for such corporation, in that proportion which the value of
the stock which such person so owns bears to the value of all the stock in such corporation.
A corporation and any party related to that corporation in a manner that would require an attribution of stock from the
corporation to the party or from the party to the corporation under the attribution rules of Section 318 of the Internal Revenue
Code, if the corporation and all such related parties own, in the aggregate, at least 50% of the profits, capital, stock or other
ownership interest in the QNBV that is the recipient of the applicant's investment.View entire presentation