Sentences with phrase «certain minimum liability limits»

Not exact matches

Among other business provisions are a shift to a territorial tax system (in which businesses pay taxes only on U.S. income), incentives to repatriate foreign profits, repeal of the corporate alternative minimum tax, and a 20 % deduction (through 2025) on certain income from pass - through businesses such as limited liability companies.

While only the state of Oregon has so far made insurance coverage mandatory, other states are looking seriously at the issue, including New Jersey, where certain kinds of legal service providers — professional corporations, limited liability companies, and limited liability partnerships — must carry a minimum of $ 100,000 worth of coverage for each member.

In order to be eligible for an umbrella policy, insurance companies may require you to purchase and maintain certain minimum underlying liability limits on your primary policies.

Each state requires that you have certain types of coverage with minimum liability limits.

If you own a motorcycle in North Carolina, state law requires you carry certain minimum limits of motorcycle liability insurance.

The law of the state of Massachusetts requires that a vehicle's operator maintain certain types of car insurance coverage, such as Bodily Injury Liability limits, of $ 20,000 per injured person up to a total of $ 40,000 per accident, and Property Damage Liability coverage with a minimum limit of $ 5,000.