Terms of Service

1. Acceptance of Terms

By accessing or using Invest Local Alaska ("we," "our," or "us"), you agree to be bound by these Terms of Service ("Terms"). If you do not agree to these Terms, you may not access or use our services.

These Terms constitute a legally binding agreement between you and Invest Local Alaska. Your use of our platform indicates your acceptance of these Terms and our Privacy Policy.

2. Service Description

Invest Local Alaska is an online platform that facilitates investments in Alaska-based businesses through intrastate crowdfunding offerings. Our services include:

• Connecting Alaska investors with local businesses seeking capital
• Providing tools for investment transactions and tracking
• Facilitating communication between investors and issuers
• Processing payments and maintaining investment records

We are not a broker-dealer, investment advisor, or financial institution. We provide technology services to facilitate transactions between investors and businesses.

3. User Eligibility

To use our services, you must:

• Be at least 18 years of age
• Be a resident of the State of Alaska
• Have the legal capacity to enter into binding agreements
• Not be prohibited from using our services under applicable laws
• Provide accurate and complete information during registration

We reserve the right to verify your eligibility and may request additional documentation to confirm your identity and residency status.

4. User Accounts

You are responsible for:

• Maintaining the confidentiality of your account credentials
• All activities that occur under your account
• Immediately notifying us of any unauthorized use
• Providing accurate and up-to-date account information

We may suspend or terminate accounts that violate these Terms or applicable laws.

5. Investment Activities

Investment Limitations: All investments are subject to Alaska intrastate offering regulations. Only Alaska residents may invest through our platform.

Investment Process: Investments are processed according to the terms specified in each offering's disclosure documents. You acknowledge that investments are subject to holding periods and transfer restrictions.

No Investment Advice: We do not provide investment advice or recommendations. All investment decisions are your responsibility based on your own due diligence.

Suitability: You represent that each investment is suitable for your financial situation and investment objectives.

6. Fees and Payments

Our fee structure is disclosed on our Fees page and may include:

• Investment processing fees
• Campaign listing fees for businesses
• Success fees for completed campaigns

All fees are clearly disclosed before transactions. We reserve the right to modify fees with advance notice.

7. Investment Risks

Risk of Loss: All investments carry significant risk of loss, including total loss of principal. Past performance does not guarantee future results.

Illiquidity: Investments may be illiquid with limited ability to sell or transfer your interests.

Business Risk: Businesses may fail, reducing or eliminating the value of your investment.

Regulatory Risk: Changes in laws or regulations may affect investment values or returns.

You should carefully review all offering materials and consult with financial advisors before investing.

8. Prohibited Activities

You may not:

• Use our services for illegal activities or fraud
• Provide false or misleading information
• Attempt to circumvent our security measures
• Interfere with other users' access to our services
• Use automated systems to access our platform
• Violate intellectual property rights
• Engage in money laundering or terrorist financing

9. Privacy and Data

Your privacy is important to us. Our Privacy Policy explains how we collect, use, and protect your personal information. By using our services, you consent to our privacy practices as described in our Privacy Policy.

10. Intellectual Property

Our platform, including all software, content, trademarks, and other intellectual property, is owned by us or our licensors. You may not copy, modify, distribute, or create derivative works without our express written permission.

11. Disclaimers

OUR SERVICES ARE PROVIDED "AS IS" WITHOUT WARRANTIES OF ANY KIND. WE DISCLAIM ALL WARRANTIES, EXPRESS OR IMPLIED, INCLUDING MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, AND NON-INFRINGEMENT.

We do not guarantee the accuracy of information provided by third parties or the success of any investment opportunities.

12. Limitation of Liability

TO THE MAXIMUM EXTENT PERMITTED BY LAW, WE SHALL NOT BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES, INCLUDING LOST PROFITS, ARISING FROM YOUR USE OF OUR SERVICES.

OUR TOTAL LIABILITY SHALL NOT EXCEED THE FEES YOU HAVE PAID TO US IN THE TWELVE MONTHS PRECEDING THE CLAIM.

13. Indemnification

You agree to indemnify and hold us harmless from any claims, damages, or expenses arising from your use of our services, violation of these Terms, or infringement of any rights of others.

14. Termination

Either party may terminate this agreement at any time. Upon termination, your access to our services will cease, but these Terms will continue to apply to previous activities and outstanding obligations.

15. Governing Law

These Terms are governed by Alaska state law. Any disputes will be resolved in Alaska state courts or federal courts located in Alaska.

16. Changes to Terms

We may modify these Terms at any time by posting updated Terms on our website. Continued use of our services after changes indicates your acceptance of the modified Terms.

17. Contact Information

Questions about these Terms should be directed to:

Invest Local Alaska
Email: legal@investlocalak.org
Address: 123 Main Street, Anchorage, AK 99501