Private Placement Investment Submission Checklists

These checklists are part of the Private Investment Kit – Multi Member (multi-member, non-family controlled companies) and Private Investment Kit - Single Member (single-member or family-controlled companies).

Required forms and documents

These 10 forms and documents are required for corporate stock, LLC, or LP investments.

PENSCO Trust Company forms
  1. Investment Funding Instructions
  2. Self-Directed Investment Authorization
  3. Issuer Representation Letter
Company documents and agreements
  1. Certificate from Secretary of State
  2. Articles of Organization
  3. Evidence of IRS EIN
  4. Private Placement Memorandum/Offering Memorandum/ Business Plan
  5. Current Financials (i.e., Balance Sheet and Profit & Loss Statement)
  6. Financial Forecast (if applicable)
  7. Subscription Agreement/Stock Purchase Agreement, and/or any other Investor Agreements and Accredited Investor Representations

The company in which you plan to invest will need to provide all company documents and agreements, not PENSCO Trust Company.

In addition to those 10 forms and documents, the following is also required:

If investing in… You must also include…
Corporate stock Company By-Laws
Limited liability company Operating Agreement
Limited partnership Partnership Agreement

IRAs may not make equity investments into S Corporations. Solo(k)s may invest into either S or C Corporations.

PENSCO Trust Company does not accept general partnership investments.

Next steps