Truth in Lending Act (TILA): Federal law that requires transparent disclosure of lending terms and promotes the informed use of consumer credit
Securities Act of 1933: Federal law relevant if the promissory note could be classified as a security, requiring registration and disclosure requirements
IRC Section 482: Internal Revenue Code section governing transfer pricing rules for intercompany transactions to ensure arm's length terms
IRC Section 385: Internal Revenue Code section providing rules for determining whether an instrument is debt or equity for tax purposes
IRC Section 163(j): Internal Revenue Code section limiting business interest expense deductions
UCC Article 3: Uniform Commercial Code article governing negotiable instruments, including promissory notes
State Usury Laws: State-specific laws that set maximum legal interest rates and penalties for exceeding them
Sarbanes-Oxley Act: Federal law requiring specific internal controls and financial disclosure requirements for public companies
Bankruptcy Code: Federal laws governing bankruptcy proceedings and treatment of intercompany debt in bankruptcy
Transfer Pricing Documentation: Requirements for documenting and supporting the arm's length nature of intercompany transactions
GAAP Requirements: Generally Accepted Accounting Principles governing the accounting treatment and disclosure of intercompany transactions
Thin Capitalization Rules: Rules limiting the amount of debt financing relative to equity to prevent tax avoidance
Related Party Disclosure Requirements: Accounting and regulatory requirements for disclosing transactions between related entities
