shell company Rule 144

Understanding Legal Opinion Letters for Securities Transactions (Rule 144)

When navigating the complex world of securities transactions, one critical document often flies under the radar—but it shouldn’t: the legal opinion letter. Whether you're a startup founder, an angel investor, or a shareholder in a public company, understanding the role of legal opinion letters—particularly under Rule 144 of the Securities Act—is key to successfully and lawfully transferring your securities.