Sentences with phrase «corporations code section»

Plaintiff then argued that the second defendant was not entitled to fees because it was covered by the corporate defendant, a defendant which ultimately beat plaintiff, pursuant to the corporate indemnity provisions of Corporations Code section 317.

It would frustrate the purposes of Corporations Code section 317 and leave the wrong party [the innocent, vindicated corporation] to pay the fees.»

Contract attorneys, who are typically engaged on a project or short - term basis, would not fit the definition of a partner (which California Corporations Code section 16101 defines in part as a «coowner -LSB--RSB- of a business for profit») or shareholder (which California Rule of Professional Conduct 1 - 100 («Rule 1 - 100») defines in part as «a shareholder of a professional corporation»).

Limited Partner Liability and the General Partner: Corporations Code Section 15507 Revisited with B. Weiner, Beverly Hills Bar Journal, Summer 1990

Successfully represented shareholders in dissolution actions, including California Corporations Code Section 2000 provisional remedies.

(4) Dogs and cats under the care of governmental animal control agencies; animal rescue organizations which have demonstrated to the Department that they have implemented an ongoing spay / neuter plan, as well as an adoption plan; or humane societies or societies for the prevention of cruelty to animals, of such societies are incorporated under the provision of California Corporations Code Section 10400 and the Nonprofit Public Benefit Corporation Law in Part 2 of the California Corporations Code, beginning at Section 5110, and successor sections; and

The Academy is intended to provide the 40 hours of training in California humane laws related to the powers and duties of a humane officer required for continuing education and training as a humane officer under California Corporations Code section 14502.

The Academy is intended to provide the 20 hours of training in animal care required for appointment as a humane officer and the 40 hours of training in California humane laws related to the powers and duties of a humane officer required for appointment and continuing education and training as a humane officer under California Corporations Code section 14502.

Not exact matches

«10 - Percent Stockholder» means an individual who owns more than 10 % of the total combined voting power of all classes of outstanding stock of the Company or of its parent corporation or subsidiary corporation (as defined in Code Sections 424 (e) and (f)-RRB-.

Our 2015 Plan will provide for the grant of incentive stock options, within the meaning of Section 422 of the Code, to our employees and any parent and subsidiary corporations» employees, and for the grant of nonstatutory stock options, restricted stock, restricted stock units (RSUs), stock appreciation rights, performance units, and performance shares to our employees, directors, and consultants and our parent and subsidiary corporations» employees and consultants.

Any Employee regularly employed on a full - time or part - time (20 hours or more per week on a regular schedule) basis, or on any other basis as determined by the Corporation (if required under applicable local law) for purposes of the Non-423 Plan or any separate offering under the Code Section 423 Plan, by the Corporation or by any Designated Affiliate on an Entry Date shall be eligible to participate in the Plan with respect to the Offering Period commencing on such Entry Date, provided that the Committee may establish administrative rules requiring that employment commence some minimum period (e.g., one pay period) prior to an Entry Date to be eligible to participate with respect to the Offering Period beginning on that Entry Date.

Under Sections 382 and 383 of the Internal Revenue Code of 1986, as amended, or the Code, if a corporation undergoes an «ownership change,» the corporation's ability to use its pre-change net operating loss carryforwards and other pre-change tax attributes, such as research tax credits, to offset its post-change income and taxes may be limited.

Section 382 of the Internal Revenue Code, or Section 382, imposes limitations on a corporation's ability to utilize net operating losses, or NOLs, if it experiences an «ownership change.»

Our 2014 Plan will provide for the grant of incentive stock options, within the meaning of Code Section 422, to our employees and any parent and subsidiary corporations» employees, and for the grant of nonstatutory stock options, restricted stock, RSUs, stock appreciation rights, performance units and performance shares to our employees, directors and consultants and our parent and subsidiary corporations» employees and consultants.

Section 382 of the Internal Revenue Code of 1986, as amended (Section 382), imposes limitations on a corporation's ability to utilize NOLs if it experiences an «ownership change.»

Our 2013 Plan will provide for the grant of incentive stock options, within the meaning of Section 422 of the Code, to our employees and any parent and subsidiary corporations» employees, and for the grant of nonstatutory stock options, restricted stock, RSUs, stock appreciation rights, performance units and performance shares to our employees, directors and consultants and our parent and subsidiary corporations» employees and consultants.

Section 1042 of the Internal Revenue Code originally assigned that tax benefit only to C corporations.

Subsequent tax incentives in the 1980s (such as Section 1042 of the Internal Revenue Code) allowed owners of privately held businesses to defer their capital gains taxes when they sold more than 30 % of C corporations to the employees and managers through ESOPs or eligible worker cooperatives.15 Often, retiring entrepreneurs would sell 100 % in stages so that they could fully retire if they had no heir to operate the company or the family wished to cash out on their stake.

S. 1212, introduced by Senators Cardin and Roberts, contains several provisions to further encourage employee - ownership in S corporations, including extending the gain - deferral provisions of Code section 1042 to sales of employer stock to S - ESOPs, providing resources to small businesses contemplating making the transition to an ESOP, and ensuring that SBA - certified small businesses do not lose their status by becoming employee owned.

DTC is a limited - purpose trust company organized under the laws of the State of New York, a member of the Federal Reserve System, a «clearing corporation» within the meaning of the New York Uniform Commercial Code, and a «clearing agency» registered pursuant to the provisions of section 17A of the Exchange Act.

The Postharvest Education Foundation is a nonprofit public benefit corporation, organized and operated to engage in any lawful activity permitted by Section 501 (c) 3 of the Internal Revenue Code of 1986, as amended, and the Oregon Nonprofit Corpocorporation, organized and operated to engage in any lawful activity permitted by Section 501 (c) 3 of the Internal Revenue Code of 1986, as amended, and the Oregon Nonprofit CorporationCorporation Act.

Upon dissolution of the Corporation, any assets remaining after payment of or provision for its debts and liabilities shall, consistent with the purposes of the organization, be paid over to charitable organizations exempt under the provisions of Section 501 (c)(3) of the U.S. Internal Revenue Code or corresponding provisions of subsequently enacted federal law and whose purposes and objectives promote breastfeeding education and support.

Notwithstanding any of the provisions of the Constitution, the Association shall not carry on any other activities not permitted to be carried on (a) by a corporation exempt from Federal income tax under Section 501 (c) 3 of the Internal Revenue Code of 1954 (or the corresponding provision of any future United States Internal Revenue Law) or (b) by a corporation, contributions to which are deductible under Section 170 (c) 2 of the Internal Revenue Code of 1954 (or the corresponding provision of any future United States Internal Revenue Law).

Upon dissolution or winding up of said corporation's affairs, whether voluntary or involuntary, all of its assets then remaining in the hands of the board of directors shall, after paying or making provision for payment of all of said corporation's liabilities, be distributed, transferred, conveyed, delivered, and paid over only to educational, scientific, literary, or charitable organizations that are exempt from federal income tax under section 501 (c)(3) of the Internal Revenue Code of 1986, as amended, and which are not private foundations within the meaning of section 509 (a) of the Internal Revenue Code of 1986, as amended, on whatever terms and conditions and in whatever amounts the board of directors may determine, for use exclusively for educational, scientific, literary, or charitable purposes, except that no distribution shall be made to organizations testing for public safety.

When the government - backed Home Owner's Loan Corporation developed color - coded maps to sort out who could receive mortgage lending, blacks who lived in the red sections of the map were not given loans.

The corporation is organized to operate exclusively for charitable, cultural, and educational purposes within the meaning of Section 501 (c)(3) of the Internal Revenue Code of 1954 (or the corresponding provisions of any future United States Internal Revenue law).

(B) «Credit repair services organization» does not include: (i) Any person authorized to make loans or extensions of credit under the laws of this state or the United States who is subject to regulation and supervision by this state or the United States; (ii) Any bank or savings and loan institution whose deposits or accounts are eligible for insurance by the Federal Deposit Insurance Corporation or the Savings Association Insurance Fund of the Federal Deposit Insurance Corporation; (iii) Any nonprofit organization exempt from taxation under Section 501 (c)(3) of the Internal Revenue Code of 1986; (iv) Any person licensed as a real estate broker by this state if the person is acting within the course and scope of that license; (v) Any person licensed to practice law in this state if the person renders services within the course and scope of his or her practice as an attorney; (vi) Any broker - dealer registered with the Securities and Exchange Commission or the Commodity Futures Trading Commission if the broker - dealer is acting within the course and scope of those regulatory agencies; or (vii) Any consumer reporting agency as defined in the federal Fair Credit Reporting Act (15 U.S.C. 1681 - 1681t).

If a «non-natural person» (a corporation, partnership, or other entity that is not a human being) owns a deferred annuity, the annual growth is taxable as earned unless that entity is acting as «the agent of a natural person» (IRC [Internal Revenue Code] Section 72 (u)-RRB-.

(1) The following shall be exempt from the Credit Services Organization Act: (a) A person authorized to make loans or extensions of credit under the laws of this state or the United States who is subject to regulation and supervision by this state or the United States or a lender approved by the United States Secretary of Housing and Urban Development for participation in a mortgage insurance program under the National Housing Act, 12 U.S.C. 1701 et seq.; (b) A bank or savings and loan association whose deposit or accounts are eligible for insurance by the Federal Deposit Insurance Corporation or a subsidiary of such a bank or savings and loan association; (c) A credit union doing business in this state; (d) A nonprofit organization exempt from taxation under section 501 (c)(3) of the Internal Revenue Code; (e) A person licensed as a real estate broker or salesperson under the Nebraska Real Estate License Act acting within the course and scope of that license; (f) A person licensed to practice law in this state acting within the course and scope of the person's practice as an attorney; (g) A broker - dealer registered with the Securities and Exchange Commission or the Commodity Futures Trading Commission acting within the course and scope of that regulation; (h) A consumer reporting agency; (i) A person whose primary business is making loans secured by liens on real property; (j) A person, firm, corporation, or association licensed as a collection agency in this state or a person holding a solicitor's certificate in this state acting within the course and scope of that license or certificate; and (k) A person licensed to engage in the business of debt management pursuant to sections 69 - 1201 toCorporation or a subsidiary of such a bank or savings and loan association; (c) A credit union doing business in this state; (d) A nonprofit organization exempt from taxation under section 501 (c)(3) of the Internal Revenue Code; (e) A person licensed as a real estate broker or salesperson under the Nebraska Real Estate License Act acting within the course and scope of that license; (f) A person licensed to practice law in this state acting within the course and scope of the person's practice as an attorney; (g) A broker - dealer registered with the Securities and Exchange Commission or the Commodity Futures Trading Commission acting within the course and scope of that regulation; (h) A consumer reporting agency; (i) A person whose primary business is making loans secured by liens on real property; (j) A person, firm, corporation, or association licensed as a collection agency in this state or a person holding a solicitor's certificate in this state acting within the course and scope of that license or certificate; and (k) A person licensed to engage in the business of debt management pursuant to sections 69 - 1201 tocorporation, or association licensed as a collection agency in this state or a person holding a solicitor's certificate in this state acting within the course and scope of that license or certificate; and (k) A person licensed to engage in the business of debt management pursuant to sections 69 - 1201 to 69 - 1217.

A loan broker shall comply with the provisions of the federal Gramm - Leach - Bliley Act, 15 United States Code, Section 6801 et seq. (1999) and the applicable implementing federal Privacy of Consumer Information regulations, as adopted by the Office of the Comptroller of the Currency, 12 Code of Federal Regulations, Part 40 (2001); the Board of Governors of the Federal Reserve System, 12 Code of Federal Regulations, Part 216 (2001); the Federal Deposit Insurance Corporation, 12 Code of Federal Regulations, Part 332 (2001); the Office of Thrift Supervision, 12 Code of Federal Regulations, Part 573 (2001); the National Credit Union Administration, 12 Code of Federal Regulations, Part 716 (2001); the Federal Trade Commission, 16 Code of Federal Regulations, Part 313 (2001); or the Securities and Exchange Commission, 17 Code of Federal Regulations, Part 248 (2001), if the loan broker is a financial institution as defined in those regulations.

«Credit Services Organization» does not include any of the following: (i) a person authorized to make loans or extensions of credit under the laws of this State or the United States who is subject to regulation and supervision by this State or the United States, or a lender approved by the United States Secretary of Housing and Urban Development for participation in a mortgage insurance program under the National Housing Act (12 U.S.C. Section 1701 et seq.); (ii) a bank or savings and loan association whose deposits or accounts are eligible for insurance by the Federal Deposit Insurance Corporation or the Federal Savings and Loan Insurance Corporation, or a subsidiary of such a bank or savings and loan association; (iii) a credit union doing business in this State; (iv) a nonprofit organization exempt from taxation under Section 501 (c)(3) of the Internal Revenue Code of 1986, [FN1] provided that such organization does not charge or receive any money or other valuable consideration prior to or upon the execution of a contract or other agreement between the buyer and the nonprofit organization; (v) a person licensed as a real estate broker by this state if the person is acting within the course and scope of that license; (vi) a person licensed to practice law in this State acting within the course and scope of the person's practice as an attorney; (vii) a broker - dealer registered with the Securities and Exchange Commission or the Commodity Futures Trading Commission acting within the course and scope of that regulation; (viii) a consumer reporting agency; and (ix) a residential mortgage loan broker or banker who is duly licensed under the Illinois Residential Mortgage License Act of 1987.

h. Any nonprofit corporation qualifying under section 501 (c)(3) of the Internal Revenue Code which makes mortgage loans to promote home ownership or home improvements for the disadvantaged, provided that such corporation is not primarily in the business of soliciting or brokering mortgage loans.

The Dr. Steve Abrams Memorial Foundation - PetSavers, Inc. is an Arizona Non-profit Corporation and is recognized by the Internal Revenue Service as a public charity under Section 501 (c)(3) of the Internal Revenue Code.

The Humane Society is a private, not - for - profit, corporation organized under section 501 (c)(3) of the Internal Revenue Code, and receives no local, state or federal funding to support its operation.

Dachshund Adoption Rescue and Education (DARE) is a 501 (c)(3) non-profit corporation and contributions to DARE are deductible under section 170 of the Internal Revenue Code.

The Video Game History Foundation, Inc. is a non-profit corporation, and is exempt from taxation under Section 501 (c)(3) of the U.S. tax code.

Founded in 1989 from a predecessor organization, IER is a tax - exempt public charity under Section 501 (c)(3) of the Internal Revenue Code and is funded entirely by tax deductible contributions from individuals, foundations and corporations.

Section 46.3 of the Code allows for an employer to become vicariously liable for any act or thing done or omitted to be done by an officer, official, employee or agent of a corporation.

In other areas of administrative penal law there is only an indirect joint liability of the corporation for fines imposed for offences committed by the managing director or other «persons in charge» (section 9 Administrative Penal Code).

By contrast to the liability for criminal offences, corporations are only directly liable for regulatory (administrative law) offences against tax law (section 28a Penal Tax Code).

The Code of Business Conduct for Protective Life Corporation was amended on June 12, 2017 to reflect changes in personnel and job titles, and updates to the sections on public officials, conflicts of interest, use of software, securities laws, and charitable contributions.

A Bill (act to amend Section 107 of the Corporations Code, relating to business associations) introduced by California State Assembly member and Chairman on Banking and Finance Roger Dickenson on January 15th «AB - 129 Lawful money:...

PPAFNJ is registered in New Jersey as a nonprofit corporation and is exempt from federal income tax under Section 501 (c)(4) of the Internal Revenue Code.

It is a California mutual benefit corporation exempt from federal taxation per Section 501 (c)(6) of the IRS Code.