State Agencies That Regulate Investment Clubs
Your investment club is subject to the laws and regulations specific to your state. While you'll find that all states require corporations and LLCs to register with their agencies, not all states require general partnerships to file. That means you must check with your state's Secretary of State or corporations agency for details on what forms you may need to file when you form your club. Likewise, requirements for filing a tax return with your state vary by state and depend on your chosen business entity. We've listed the appropriate agencies in all 50 states and the District of Columbia so you can get the details on what's required of your club.
Don't forget to check with your local authorities, typically your county clerk, for other legal requirements your club may need to follow. And remember that officials won't necessarily have information about regulations that affect "investment clubs" specifically; instead, inquire about requirements for general partnerships or limited liability companies or whatever business entity you select for your club.
District of Columbia