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Investor Traffic Violations - HELP!


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Just found out that my brother-in-law, a 20% ownership member of our LLC has a couple traffic violations - speeding caught on cameras in Arizona. We are just about to send in our DSP app and state liquor license application. Will these traffic violations be an issue with the feds? We are trying to decide if we need to scramble to raise enough capital to bring him down to a 9% ownership member as we don't want to find out a month from now that we have to start over!!

Any advice would be very much appreciated!!!!

Thank you.

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New Jersey simply requires that you disclose any felony convictions and have not been convicted of any "crimes of moral turpitude" within the last five years.

I've got a driving history loaded with issues related to acceleration and my OIC went through just fine.

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