Sentences with phrase «transfers additional authority»

This situation can be reversed through the use of a unanimous shareholder agreement («USA»), which restricts the power of the directors to manage the corporation and instead transfers additional authority to the shareholders.

Not exact matches

Tax authorities may disagree with our intercompany charges, cross-jurisdictional transfer pricing or other matters and assess additional taxes.

The conferees added $ 50 million to the $ 117 million now available to build large new facilities and gave NSF the authority to transfer an additional $ 50 million to the facilities account from its research portfolio.

While SB2 will raise the charter cap to 305 by 2019, it also transferred authorization authority from the State Board of Education to the Commissioner of Education and required the Commissioner to adopt additional application standards.

Under federal law identity theft is a crime, and any person who «knowingly transfers, possesses, or uses, without lawful authority, a means of identification of another person» during or in relation to another enumerated (generally fraud - related) felony, receives an additional two - year sentence.