Legal
The Palace Club is a private investment club, founded by a group of friends with a mission.
Limited, and By Invitation Only.
- We do not solicit members
- We do not consider members who are not intoduced by existing members
- We do not accept members beyond 100 in number
- We do not accept members not accepted by the existing membership
- We do not offer to purchase or sell any securities of any kind
- We do not manage money – all members must vote to decide investments
Financial Features of The Palace Club
- Funds are 100% controlled by Las Vegas attorney with a national law firm [?]
- FDIC pass-through insurance registration provides FDIC insurance for each member in the club [?]
- CDRS registration escalates FDIC insurance maximum from $250,000. per member to $50 Million per member [?]
- Unitary evaluation allows share purchases to be transacted online during accumulation and investment stages
- Share purchase contract allows members to reserve their place and build credit by buying shares on a contract [?]