---
title: "Extract selling restrictions and transfer limits from the offer documents"
url: "https://ailawframework.com/practice/capital-markets-and-securities-ecm-dcm-and-disclosure/extract-selling-restrictions-and-transfer-limits-from-the-offer-document"
type: "task"
site: "AI Law Framework"
id: "A4-A20260923-1"
practice_area: "Capital Markets & Securities — ECM/DCM and Disclosure"
tier: "green"
lawyer_review: "required"
last_reviewed: "2026-10-22"
---

# Extract selling restrictions and transfer limits from the offer documents

> Table jurisdiction-by-jurisdiction selling restrictions, legend language and lock-up/escrow terms with clause references.

Canonical page: https://ailawframework.com/practice/capital-markets-and-securities-ecm-dcm-and-disclosure/extract-selling-restrictions-and-transfer-limits-from-the-offer-document  
Last reviewed: 2026-10-22

Site index for agents: https://ailawframework.com/llms.txt

## Key facts

| Fact | Value |
| --- | --- |
| Practice area | [Capital Markets & Securities — ECM/DCM and Disclosure](https://ailawframework.com/practice/capital-markets-and-securities-ecm-dcm-and-disclosure.md) |
| Human involvement | Green: AI drafts, lawyer checks |
| How AI is used | Table jurisdiction-by-jurisdiction selling restrictions, legend language and lock-up/escrow terms with clause references. |
| What the lawyer must review | Confirm the restrictions match the actual distribution plan Confirm them against current local law advice |
| Written for / versions | 1 jurisdiction versions below |

## Checking plan

Confirm the restrictions match the actual distribution plan and current local law advice.

- What the AI does: Table jurisdiction-by-jurisdiction selling restrictions, legend language and lock-up/escrow terms with clause references.
- What the lawyer does: Set the scope, verify the evidence, resolve exceptions and approve the final output for its intended use.
- Basis: Suggested checking approach based on the task guidance. Complete the assessment for the actual tool, information and jurisdiction.

## Checks the lawyer makes

1. Confirm the output against the client’s instructions and the complete relevant source material, including omissions or contradictions.
2. Verify every relied-on citation, figure and name against the source document.
3. The responsible lawyer approves the exact version before use.

## Sources

- [New Zealand Law Society: Generative AI guidance for lawyers](https://www.lawsociety.org.nz/professional-practice/rules-and-maintaining-professional-standards/generative-ai-guidance-for-lawyers/) (checked 2026-09-23)

## Forms and precedents for this task

| Form or precedent | Kind | AI level | Summary |
| --- | --- | --- | --- |
| [Regulation D private placement checklist](https://ailawframework.com/precedents/capital-markets-and-securities-ecm-dcm-and-disclosure/us-reg-d-placement-checklist.md) | Checklist | Yellow | Checklist for an offer under Rule 506(b) or Rule 506(c). Purchaser limits, solicitation, resale and the conviction limb of the bad-actor rule are taken from the text that was read. |

Signed-in accounts can read the full text of each one.

## Jurisdiction versions

| Jurisdiction | Level |
| --- | --- |
| [United States](https://ailawframework.com/practice/capital-markets-and-securities-ecm-dcm-and-disclosure/extract-selling-restrictions-and-transfer-limits-from-the-offer-document/united-states.md) | Yellow |

*Practice guidance for planning and review. Confirm current primary sources and the requirements of the actual matter. This is general information, not legal advice.*