Sentences with phrase «liability corporation under»

Pluto 13 GmbH is a privately owned limited liability corporation under German law, all shares are held by staff and management.

Not exact matches

People, person, or persons as used in this Constitution does not include corporations, limited liability companies or other corporate entities established by the laws of any state, the United States, or any foreign state, and such corporate entities are subject to such regulation as the people, through their elected state and federal representatives, deem reasonable and are otherwise consistent with the powers of Congress and the States under this Constitution.

The Corporation shall maintain insurance to the extent reasonably available, at its expense, to protect itself and any such director, officer, employee or agent of the Corporation or another corporation, partnership, joint venture, trust or other enterprise against any such expense, liability or loss, whether or not the Corporation would have the power to indemnify such person against such expense, liability or loss under the Delaware General CorpoCorporation shall maintain insurance to the extent reasonably available, at its expense, to protect itself and any such director, officer, employee or agent of the Corporation or another corporation, partnership, joint venture, trust or other enterprise against any such expense, liability or loss, whether or not the Corporation would have the power to indemnify such person against such expense, liability or loss under the Delaware General CorpoCorporation or another corporation, partnership, joint venture, trust or other enterprise against any such expense, liability or loss, whether or not the Corporation would have the power to indemnify such person against such expense, liability or loss under the Delaware General Corpocorporation, partnership, joint venture, trust or other enterprise against any such expense, liability or loss, whether or not the Corporation would have the power to indemnify such person against such expense, liability or loss under the Delaware General CorpoCorporation would have the power to indemnify such person against such expense, liability or loss under the Delaware General CorporationCorporation Law.

In the case of Apache Corporation, the company recorded a provisional net deferred tax benefit of $ 822 million to reverse a previously recorded deferred tax liability for unrepatriated earnings and to account for the transition rule under the new law.

Phoenix Media Corporation is under no obligation to do so and assumes no responsibility or liability arising from any material transmitted or posted using this Site.

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.

In addition to any possible illegal activities in the US, News Corporation and / or its executives might also face civil and criminal liability under the Foreign Corrupt Practices Act.

It charges that the candidate, Shirley Patterson, failed to provide the «true name of contributing parties» in donations made by a Limited Liability corporation, in order for the board to determine whether the campaign donations were legal under the present contribution limits.

Limited liability companies, corporations and individuals linked to Tully Construction gave the governor $ 136,500 during his first term, and the $ 75,100 it donated in the first 200 days of his second (which began on Jan. 1, 2015) was enough to make it his third largest donor during the period under examination.

Squadron, a Brooklyn Democrat, pushed this week have a vote in the Senate Corporations Committee to consider his bill, which would reclassify limited liability companies as corporations under the campaign finance law in order to close what many campaign finance advocates see as a major loophole in the Corporations Committee to consider his bill, which would reclassify limited liability companies as corporations under the campaign finance law in order to close what many campaign finance advocates see as a major loophole in the corporations under the campaign finance law in order to close what many campaign finance advocates see as a major loophole in the current law.

Walsh also received more than $ 10,300 through multiple, differently - named limited liability corporations and limited partnerships in Florida filed under a registered agent named Sarah Pietrafesa, according to Florida business records.

To make matters even worse, since Limited Liability Corporations (LLCs) are subject to individual rather than corporate contribution limits under New York campaign finance regulations, one person could set up several different subsidiaries to funnel millions more into state campaigns.

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.

The expansion of health insurance accomplished under the Affordable Care Act may alter costs for several major types of liability insurance, although any such changes are likely to be modest, according to a new RAND Corporation report.

Properties titled under a corporate entity (Corporations, Limited Liability Companies, Partnerships)

The first thing you need to understand is that your company — I'll use that term to refer to your limited liability company (LLC) or corporation — is a different person under the law.

Apparently one of the early mistakes I made when purchasing my rental properties was buying them under my name instead of forming a Limited Liability Corporation to own them.

The attorneys of Trepanier MacGillis Battina P.A. can quickly and effectively organize your business, whether you elect to organize as a C - corporation, S - corporation, limited liability company, or other legal entity under Minnesota law, Delaware law, or the law of another state.

The meeting took place on the corporation's common elements and Ms. Omotayo sued the corporation based on its alleged liability under Ontario's Occupiers» Liabiliability under Ontario's Occupiers» LiabilityLiability Act.

To prepare for the process, a corporation's principals should evaluate all existing assets and liabilities of the corporation and the potential impact dissolution may have on the corporation's rights and obligations under its agreements and applicable law.

However, there may be advantages to organizing your business under the laws of a state other than Delaware, or as an entity other than a corporation, which is why we also offer documents to form a limited liability company.

The resident sued both the condominium corporation and the elevator maintenance company for failing to exercise a duty of care as an occupier under the Occupier's Liability Act.

Therefore, S corporations and unincorporated businesses taxed under the GCT, BTX and UBT may see substantial increases in their NYC tax liability.

The book considers the significant liability of Canadian corporations under U.S. and U.K., and foreign laws in some detail.

A similar exemption applies for those persons liable under the extended liability (s. 52) and vicarious liability (s. 53) provisions in CASL, in cases where the corporation, employee or agent, as the case may be, who committed the contravention has entered into an undertaking or been served with a notice of violation.

The guarantor was held to pay the unlimited liability of the corporation, and the respondent was not required to exhaust recourse against the corporation before being entitled to make a demand under the guarantee.

The corporate business structure can help shield the business's owners — the corporation's shareholders — from liability and, under some circumstances, help them reduce their taxes.

(5) The liability of a member under subsection (4) can not be greater than his or her liability would be in the circumstances if he or she were not practising through the professional corporation.

In a corporation or association, all executive officers, directors, and stockholders would also be afforded liability coverage under this policy while acting in their official capacities.

The Corporation's book value shall be equal to the excess of the book value of the total assets of the Corporation, including any proceeds of insurance policies / excluding the proceeds of any insurance policies owned by the Corporation on the lives of its shareholders, over the book value of the Corporation's total liabilities, excluding the Corporation's liability under this Agreement to purchase the shares for which the purchase price is being measured, based on the Corporation's books and records.

Even under a limited liability corporation (LLC), an owner could still be exposed to personal risk.

Consumers who buy commercial policies are often required by law to operate under this coverage because; they are using their vehicle to transport goods or conduct services for payment, there are higher liability risks due to the type of work they are performing, or if employees are operating a vehicle that is owned by a corporation or business.

Some new business owners are under the misconception that because they set up their company as an LLC or a corporation, the business is protected from potential liability claims.

Some business owners are under the misconception that, by setting up their company as an LLC or a corporation, they are protecting the business from potential liability charges.

However, the high court did state that under legal principles of vicarious liability, the corporation itself could be held liable for an employee or agent's actions.

* Brokerages and their related licensees must ensure that an unlicensed assistant obtains direction from a licensee or the strata corporation client before a decision on expenditures is made which would bind the strata corporation client to costs or liabilities that are not covered under a maintenance contract.

Individuals, C corporations, S corporations, partnerships (general or limited), limited liability companies, trusts and any other taxpaying entity may set up an exchange of investment properties for investment properties under Section 1031.