Sentences with phrase «liability minimum of»

Most new cars are worth more than the state's property damage liability minimum of $ 20,000, so you risk a personal lawsuit if you happen to hit something that just came off the showroom floor.

Not exact matches

Under central bank rules introduced in 2014, companies are required to hedge a minimum 25 percent of their liabilities in foreign currency 3 - 6 months before they come due.

MOSCOW, May 1 - Russia's largest oil producer Rosneft has proposed a $ 2 billion share buyback to improve returns, alongside plans to cut total debt and trading liabilities by a minimum of 500 billion roubles this year.

Another significant past drawback of the R&D credit was that companies» ability to use it was limited if they — or their shareholders, in the case of pass - through entities like S corporations, limited liability companies, and limited liability partnerships — either didn't owe federal income tax or were subject to the alternative minimum tax (AMT).

In the event of an accident, Kinder Morgan has pledged to do no more than comply with federal laws, which stipulate that operators of a major oil pipeline in this country must have a minimum of $ 1 billion in financial resources available to cover liabilities related to a land spill.

Alternative minimum tax (AMT): The individual alternative minimum tax is a supplemental income tax originally intended to ensure that high - income filers not take undue advantage of tax preferences to reduce or eliminate their tax liability.

Throughout the history of banking, and despite laws that have suppressed commercial banknotes while often imposing minimum (but never maximum) reserve ratios on banks, bank reserves have generally constituted a very modest part of banks» total assets, and therefore a modest amount compared to their their total liabilities.

The after - tax effect of the corporate alternative minimum tax change was to raise Walmart's Puerto Rican tax liability to over 90 % of its income.

RIAs are eligible to participate in the Program if they represent to Fidelity Investments that they meet the following criteria: (1) RIA is an investment adviser registered and in good standing with the U.S. Securities and Exchange Commission and / or any applicable state securities regulatory authorities or is exempt from such registration; (2) RIA's representatives who provide services to referred clients are appropriately registered / licensed as «Investment Advisers Representatives» in required jurisdictions; (3) RIA charges fee - based, asset - based, or flat - rate investment advisory service fees (which may include hourly fees); (4) RIA will maintain a minimum of $ 350,000,000 in total regulatory assets under management, as reported in response to Item 5 in Part 1A of the RIA's Form ADV, throughout the duration of RIA's participation in the Program; (5) RIA and all associated persons of the RIA who manage client assets or who supervise such associated persons shall at all times be covered through both Errors and Omissions Liability Insurance and Fidelity Bond Coverage; and (6) RIA maintains a minimum of two principals or officers as well as a minimum of five employees.

Consider here what motivated the banks in the first place: a great amount of their assets turned out to be worthless (the famous «toxic» assets) when the bust hit in 2008, and they found it difficult to maintain minimum capital ratios; their deposit liabilities of course remained the same, and initially the level of non-borrowed bank reserves went deeply into negative territory (this is to say, they were forced to borrow directly from the Fed's discount window during this time).

All Exhibitors participating in the North Coast Wine Industry Expo Trade Show & Conference are required to carry general liability coverage from an insurance company in good standing with minimum policy limits of $ 1,000,000 per occurrence and $ 2,000,000 in all.

«We believe this agreement and the resulting reclassification of the derivative warrant liability to shareholders» equity will greatly enhance our financial position and will place our shareholders» equity at the end of the 2017 first quarter well above NASDAQ's requirement for minimum shareholders» equity of $ 2.5 million,» noted Robert Smith, PhD, CEO of RiceBran Technologies.

As a minimum, when approving automated vehicle testing on public roads, manufacturers must accept that software in their vehicles attracts the same liability as the physical components of the vehicle.

If as the report says the NHSLA is correct that it now has # 16.8 billion of liabilities of legal action against it, then the NHS would be wise because of this cost to consider investing in ensuring that mistakes and accidents are reduced to the irreducible minimum.

The bill would require drivers for transportation network companies, such as Uber and Lyft, to have automobile liability coverage of a minimum of $ 1 million whenever they have a paid passenger in their personal vehicle.

The bill sets minimum liability insurance coverage requirements of $ 100,000 for drivers using apps and $ 1 million when they have picked up a passenger — matching a standard adopted by 43 states but falling short of higher minimums advocated by Democrats who dominate the state Assembly.

The New York Insurance Association, a trade group that represents property and casualty insurance industry, opposed Cahill's bill because it would «needlessly increase mandatory minimum limits of liability and fails to preserve the legal distinction between using a vehicle for personal uses and for ride - sharing services, which will result in greatly increased costs for all New York auto insurance consumers.»

The liability insurance for auto mobiles actually is the minimum amount required by the laws of different states.

It should also be noted that governors are not personally liable if an academy fails, if they act in good faith while carrying out their duty, but an academy is required to take out liability insurance, with a minimum cover of # 10 million, to cover the governing body.

The procedure for employment must include, but is not limited to, the filing of a complete set of fingerprints as required in s. 1012.32; documentation of a minimum education level of a high school diploma or equivalent; and completion of an initial orientation and training program in district policies and procedures addressing school safety and security procedures, educational liability laws, professional responsibilities, and ethics.

«[E] ach policy of aircraft accident liability insurance... shall specify that it shall remain in force, and may not be replaced, canceled, withdrawn, or in any way modified to reduce the minimum standards set forth in this part, or to change the extent of coverage by the insurer or the carrier, nor expire by its own terms in regard to coverage for the carrier in its common carrier operations in air transportation, until 10 days after written notice by the insurer (in the event of replacement, by the retiring insurer), or by the insurer's representative, or by the carrier to the Department... which 10 - day notice period shall start to run from the date such notice is actually received at the Department.»

Aside from increasing your liability insurance limits, you can also purchase other types of auto insurance coverage, which can provide valuable protection that wouldn't normally be included as part of your state's minimum requirements.

Insurance policies were structured to include mandatory minimum liability limits of $ 25,000 per person and $ 50,000 per accident for bodily injury, and $ 25,000 for physical damage.

The state requires minimum Bodily Injury Liability protection of $ 25,000 per person, and up to $ 65,000 per accident.

Minnesota state requires minimum auto insurance liability of $ 30,000 per person for bodily injury protection up to $ 60,000 per accident, $ 10,000 for property damage per accident, $ 40,000 per person for personal injury protection, and $ 25,000 per person for uninsured and underinsured motorists up to $ 50,000 per accident.

The annual premiums below are based on auto insurance coverage that adds uninsured / underinsured motorist coverage, medical payments, and some comprehensive and collision protection in addition to the minimum insurance liability limits in the state of Virginia.

Liability coverage can take care of damage to property of others with a minimum of fuss and difficulty and get you both back on the proverbial road in no time.

When you purchase car insurance, you'll need a policy that meets your state's minimum liability limits to cover damage to other people or other property in the event of an accident.

Although minimum limits of liability are enough to satisfy legal requirements, they are often not enough to pay for damages or injuries in an auto accident.

Buy the minimum car insurance coverage: Minimum coverage is the lowest amount of liability insurance coverage allowed under the law in each respective state or as may be allowed by an auto insurance cminimum car insurance coverage: Minimum coverage is the lowest amount of liability insurance coverage allowed under the law in each respective state or as may be allowed by an auto insurance cMinimum coverage is the lowest amount of liability insurance coverage allowed under the law in each respective state or as may be allowed by an auto insurance company.

Connecticut requires minimum auto insurance liability of $ 20,000 per person for bodily injury protection and up to $ 40,000 per accident, and $ 10,000 for property damage per accident.

North Carolina requires minimum limits of $ 30,000 per person and up to $ 60,000 per accident for Bodily Injury Liability, and Uninsured Motorist Coverage.

Sample car insurance rates assume the drivers are a 40 year old married couple who owns their vehicle, has excellent credit, and opts for minimum liability coverage as required by the state of Washington.

Alaska, for example, has a per - person liability minimum that is less than half of Alabama's minimum ($ 20,000 vs. $ 50,000) and a per - accident limit that is half of Alabama's ($ 50,000 vs. $ 100,000.)

The Florida Department of Highway Safety and Motor Vehicles only requires a minimum coverage of $ 10,000 personal injury and $ 10,000 property damage liability coverage.

As with the latter, at least a minimum amount of liability coverage is mandatory; if you're financing or renting an RV, your lender or rental company will, in fact, likely obligate you to have an even greater level of coverage in place.

Connecticut requires that every driver carry minimum liability limits of $ 20,000 per person and $ 40,000 per accident in bodily injury coverage and $ 10,000 property damage coverage.

This page provides a list of items that can cause (or contribute to) liability under the alternative minimum tax.

If you have to pay AMT in the year of the sale, this adjustment will reduce your alternative minimum tax liability.

This pioneer of value investing recommended investing in businesses with healthy assets relative to liabilities and positive earnings over the trailing 5 years, along with a minimum of 3 % annual growth rate in the last 10 years.

Arkansas is one state that requires a minimum $ 50,000 liability per occurrence for all personal watercrafts and motorboats powered by engines of more than 50 horsepower.

At the least, you're required by law to buy a 20/40/10 policy: minimum bodily injury liability limits of $ 20,000 per injured person, up to a total of $ 40,000 per accident, and property damage liability coverage of $ 10,000.

On top of the minimum liability coverage, you can add extra protections, such as uninsured motorist coverage, collision, comprehensive, and roadside assistance.

All states require a minimum amount of liability insurance; in addition, some require uninsured and underinsured motorists coverage.

Most home insurance policies provide a minimum of $ 100,000 in personal liability coverage.

New Mexico requires minimum auto insurance liability of $ 25,000 per person for bodily injury protection and up to $ 50,000 per accident, and $ 10,000 for property damage per accident.

They drive around with the state minimum coverage of $ 10,000 property damage liability.

The Canadian Snowbird Association suggests checking your liability limit, and ensuring a minimum $ 2 million of coverage.

Most states require that drivers have a minimum amount of car insurance that covers personal injury and property damage liability.

When an insurance company issues the SR22 auto insurance policy, it provides a certificate which guarantees the state's Department of Motor Vehicles that the insured has met the state's required minimums of liability coverage and that the DMV will be notified if there is any lapse in coverage.