Sentences with phrase «states limit your liability»

Gov. Andrew Cuomo is set to propose legislation that would allow the state to aggressively go after wage theft, holding the top 10 officials from out - of - state limited liability companies personally financially liable for unsatisfied judgments for unpaid wages.

Further Strengthen New York's Efforts to Crack Down on Wage Theft - «[A] mend State law to hold the top 10 members of out - of - state limited liability companies personally financially liable for unsatisfied judgments for unpaid wages.»

Similarly can they also not draw contracts for riders stating a limited liability and again if the rider has an issue with that they may not use Uber.

Our affiliated office in New York, USA, is operated under a separate New York State limited liability partnership.

Most states limit your liability for damage to long - life items such as carpet, as long as the damage is from normal wear and tear.

Another advantage of Gemini is that it's a New York state limited liability trust company, and is regulated by New York's Department of Financial Services.

Not exact matches

By 1997, all 50 states had passed legislation authorizing the establishment of limited - liability companies, although each state's laws differ slightly from one another.

In the United States, more than 2.4 million small businesses are set up as a limited liability company (LLC) for the purpose of limiting personal liability and protecting the owner's personal assets in the event of business failure.

The Alliance wanted to limit that liability, but trial lawyers, a powerful constituency in the state, defeated that effort.

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.

Well, there's a new alternative: the Limited - Liability Company (LLC), a business structure now available in eight states: Colorado, Florida, Kansas, Nevada, Texas, Utah, Virginia, and Wyoming.

Schorr cautions that LLCs won't fit every company's needs: «Because of the limited number of states that have enacted LLC statutes, and the lack of case law, companies that do business in a range of states run the risk of encountering a state that wouldn't recognize the limited liability of the partners.»

Limited - liability companies, a new corporate option in many states, have been gaining popularity, but there are still tax benefits and other financial advantages to S and C corporate structures as well.

Laws and procedures vary by state but consider taking the time to convert to an LLC, also known as a limited liability corporation.

They also highlighted a change eliminating the requirement for FDIC - supervised state banks to seek approval to engage in activities through limited liability companies.

He is a Certified Specialist both in Taxation Law and in Estate Planning, Trust & Probate Law (The State Bar of California, Board of Legal Specialization) admitted to practice law in California, Hawai'i and Arizona (inactive), specializing in Federal and state civil tax and criminal tax controversy matters and tax litigation, including tax - related examinations and investigations for individuals, business enterprises, partnerships, limited liability companies, and corporatState Bar of California, Board of Legal Specialization) admitted to practice law in California, Hawai'i and Arizona (inactive), specializing in Federal and state civil tax and criminal tax controversy matters and tax litigation, including tax - related examinations and investigations for individuals, business enterprises, partnerships, limited liability companies, and corporatstate civil tax and criminal tax controversy matters and tax litigation, including tax - related examinations and investigations for individuals, business enterprises, partnerships, limited liability companies, and corporations.

You state that the Investment Vehicle will likely be structured as a limited liability company or limited partnership, and will be responsible for all organizational costs and expenses associated with its formation and the investment in the Portfolio Company.4 You also state that AngelList Advisors will provide the initial capital required to pay such organizational costs and expenses.

Important factors that may affect the Company's business and operations and that may cause actual results to differ materially from those in the forward - looking statements include, but are not limited to, operating in a highly competitive industry; changes in the retail landscape or the loss of key retail customers; the Company's ability to maintain, extend and expand its reputation and brand image; the impacts of the Company's international operations; the Company's ability to leverage its brand value; the Company's ability to predict, identify and interpret changes in consumer preferences and demand; the Company's ability to drive revenue growth in its key product categories, increase its market share, or add products; an impairment of the carrying value of goodwill or other indefinite - lived intangible assets; volatility in commodity, energy and other input costs; changes in the Company's management team or other key personnel; the Company's ability to realize the anticipated benefits from its cost savings initiatives; changes in relationships with significant customers and suppliers; the execution of the Company's international expansion strategy; tax law changes or interpretations; legal claims or other regulatory enforcement actions; product recalls or product liability claims; unanticipated business disruptions; the Company's ability to complete or realize the benefits from potential and completed acquisitions, alliances, divestitures or joint ventures; economic and political conditions in the United States and in various other nations in which we operate; the volatility of capital markets; increased pension, labor and people - related expenses; volatility in the market value of all or a portion of the derivatives we use; exchange rate fluctuations; risks associated with information technology and systems, including service interruptions, misappropriation of data or breaches of security; the Company's ability to protect intellectual property rights; impacts of natural events in the locations in which we or the Company's customers, suppliers or regulators operate; the Company's indebtedness and ability to pay such indebtedness; the Company's ownership structure; the impact of future sales of its common stock in the public markets; the Company's ability to continue to pay a regular dividend; changes in laws and regulations; restatements of the Company's consolidated financial statements; and other factors.

Our extensive research about the industry in the United States has shown that venture Capital firms typically assume the structure of a limited partnership or a limited liability firm.

These legal structures include the Limited Liability Company (L3C) and the Benefit Corporation, recognized in a number of US states, and the Community Interest Company (CIC), recognized in the UK.

Today, we have sold to over 15,000 cities in all 50 states of the US and Washington D.C. MexGrocer.com is a California Limited Liability company and was founded in early 2000 in San Diego, California.

In such states, the liability of MomLifeTV shall be limited to the greatest extent permitted by law.

But examples of the way concussions are handled in one community in Washington, regarded as perhaps the most enlightened state on the issue, demonstrate the limits of such legislative action and how persistent football culture, as well as questions of legal liability and resources, can leave young athletes in danger.

A letter to Gov. Andrew Cuomo this signed by the women of color in the state Assembly urged him to push for the adoption of early voting and the closure of the loophole in election law that allows for unlimited donations through a web of limited liability companies.

The New York Public Interest Research Group in a letter to the state Board of Elections identifies three different ways companies seek to circumvent the state's campaign limits through a network of limited liability companies.

Many of the measures were listed on Cuomo's 2018 State of the State agenda, including closing a loophole in election law that allows for unlimited political donations through a network of limited liabilities companies, as well as early voting.

The Brennan Center, alongside a coalition of law firms, state lawmakers and others on Tuesday announced they had filed a suit against the Board of Elections to end the practice of a network of limited liability companies contributing endless cash to political candidates.

A report released on Wednesday by state lawmakers tallied the top limited liability corporation givers to political campaigns, finding they range from top real - estate companies to high - powered law firms.

«But if you just turn yourself into a corp, limited liability corporation, and pay yourself, then you magically are now able to deduct your state and local taxes.

They both want to close a loophole in state campaign finance laws that allows donors to use limited liability companies, or LLCs, to skirt donation limits.

Limited Liability Companies (LLCs) are used by a wide variety of industries to circumvent the $ 5,000 annual corporate contribution limit in New York State campaign finance law, relying on the New York State Board of Elections» 1996 determination to treat LLCs as individuals, subject to a $ 150,000 annual contribution limit.

Adopt system of public financing of campaigns, with new lower limits on direct contributions to statewide and state legislative candidates; Establish the «New York State Campaign Finance Fund», with transfers from the Abandoned Property Fund and taxpayer designations of PIT liability; and limiting contributions to «housekeeping accounts» to $ 25state legislative candidates; Establish the «New York State Campaign Finance Fund», with transfers from the Abandoned Property Fund and taxpayer designations of PIT liability; and limiting contributions to «housekeeping accounts» to $ 25State Campaign Finance Fund», with transfers from the Abandoned Property Fund and taxpayer designations of PIT liability; and limiting contributions to «housekeeping accounts» to $ 25,000.

Corporations Use Limited Liability Companies to Skirt Campaign Contribution Limits Limited Liability Companies associated with luxury real estate mogul Leonard Litwin have channeled more than $ 900,000 into races for the New York State Senate this election cycle, largely to Republicans seeking to hold on to majority control.

The groups urged bans on a pay - to - play culture in Albany to limit political donations by firms seeking state contracts, closing a loophole heavily used by Cuomo and others that allow limited liability companies to skirt donation limits to politicians by private companies, creation of «truly independent» ethics oversight agencies, a public, searchable database of state economic development deals and creation of «clean contracting» systems to govern awards of state contracts.

The state's influential Conservative Party this morning, meanwhile, released a legislative memo opposing the proposal to require up to $ 1 million in limited liability insurance for gun owners.

Assembly Speaker Carl Heastie, Election Law Committee Chair Michael Cusick and Assemblyman Brian Kavanagh today announced the Assembly's approval of legislation to close the Limited Liability Corporation (LLC) loophole in the state's campaign finance laws in order to bring greater transparency and accountability to elections for public office in New York Sstate's campaign finance laws in order to bring greater transparency and accountability to elections for public office in New York StateState.

It was just one of the donations from limited liability corporations, or LLCs, that gave candidates for New York governor a total of $ 17 million in the past 7 1/2 years, according to state board of elections records.

Sugarman's lawsuit states that a developer named Kevin Maloney controls two limited liability companies, Carroll Street Holdings LLC and Nevins Street Holding, which share the same New York City address.

Yes, it is completely legal in New York for a person doing business with the state to give the governor $ 250K worth of campaign contributions using Limited Liability Companies (LLCs) and then get an enormous state contract.

The quirk in election law emerged from a 1996 state Board of Elections ruling that determined that each limited liability company controlled by a developer should be treated as if it were an individual under election law.

The Assembly voted to close the LLC loophole in campaign finance laws, cap contributions by limited liability corporations at $ 5,000 and require them to identify the individuals who make the donations in the LLC's name, and limit lawmakers» outside income to 40 percent of the annual salary of state Supreme Court justices.

The DA's office issued subpoenas this past winter to state Independence Party Chairman Frank MacKay, Haggerty and an Albany - based lobbying firm, Capitol Public Strategies, whose address Haggerty used to register the limited liability corporation through which Bloomberg's contribution was funneled.

Assembly Approves Bill to Close LLC Loophole in State Law to Help Establish a Level Playing Field in Elections Legislation to Hold Limited Liability Corporations to Same Accountability Provisions and Campaign Contribution Limits as Corporations

A coalition of groups on Monday urged the state Board of Elections to prohibit the practice of allowing individual donors to give unlimited campaign contributions through a network of limited liability corporations.

Litwin was a top donor to Gov. Andrew Cuomo in the last election cycle, donating $ 1 million through a network of limited liability companies, a process that good - government groups have decried as a loophole in campaign finance regulations, but the state Board of Elections recently deadlocked when considering a revision to the regulation.

The state Board of Elections on Thursday declined to reclassify limited liability companies when it comes to the state's campaign finance law.

Broadly, NYPIRG notes the impact of the decision to suspend the state's $ 150,000 aggregate limit for contributions in an election cycle will have little impact, considering donors can skirt that through donations from a web of limited liability corporations.

Limited Liability Corporations, or LLC's have been used as a means to circumvent the state's contribution limits.

Two decades after the legislation that created limited liability companies in New York state, the business entities have taken on a central role in the funding of political campaigns, according to a new report from state Sen. Daniel Squadron, a Democrat who has been one of the most vehement opponents of the so - called «LLC loophole.»

ALBANY — Since a 1996 opinion from the state Board of Elections resulted in a system in which owners of multiple limited liability companies can give effectively unlimited amounts of money to candidates for office, nobody has raised more money from LLCs than Gov. Andrew Cuomo.