Category Archives: Corporate Law

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More importantly, we aspire to maintain fruitful and sincere relationships with you. Title and Purposes ............................... 5110-5111 Article 2. Our no non-sense approach in catering to the legal needs of our clients is one of the reasons why established and up-and-coming business owners in California entrust their legal concerns with our law firm. The renewal application is effective when filed in accordance with this section and, except as provided in subsection E, renews the registration for one year after the date the registration would have expired if such subsequent renewal of the registration had not occurred.

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The terms of the initial directors of a corporation expire at the first members' meeting at which directors are elected, or if there are no members or the corporation's members do not have voting rights, at the end of such other period as may be specified in the articles of incorporation. Welcome to Rumler Tarbox Lyden Law Corporation PC, a Denver law firm serving successful businesses and individuals since 1990. Act 198 reenacted and amended the entire section.

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The discovery of electronically stored information (ESI) is known as electronic discovery. The first scenario occurs when Company A acquires all the assets of Company B. Ct. 961 (1995) (Amtrak federal actor for First Amendment); Gaubert v. Law Firm Location: 5449 Bending Oaks Place, Downers Grove, Illinois, DuPage County, in Chicago's west suburbs, near the intersection of I-88 and I-355. copyright © 2016 Velocity Law, LLC Kaisahan ng Mga Manggagawa sa La Campana, 106 Phil. 198 (1959). (b) Classification of the Piercing Cases: (ii) When the corporate entity is merely a farce since the corporation is merely the alter ego, business conduit or instrumentality of a person or another entity (“alter ego cases”); and The three cases may appear together in one application.

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In addition, certain words and phrases also require consents and approvals from other agencies prior to filing the document with the Division of Corporations. There are three principal perspectives regarding "the law of the land is the law." 1. Required withdrawal on certain transactions. § 501. SharkRepellent is a database of corporate information crucial to takeover defenses of U. Corporators in a stock corporation are called stockholders or shareholders.

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TREASURY GSE STUDY, supra note 26, at 1; see also U. CONVERSIONS ..................................... 1150-1160 CHAPTER 12. It’s time for a change in the way the law supports people—in life and in business. An amendment of the articles. "Articles." The original articles of incorporation, all amendments thereof, and any other articles, statements or certificates permitted or required to be filed in the Department of State by sections 108 (relating to change in location or status of registered office provided by agent) and 138 (relating to statement of correction), Chapter 3 (relating to entity transactions) or this subpart and including what have heretofore been designated by law as certificates of incorporation or charters.

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Creation, status and termination of business trusts. (a) Creation.-- Except as provided in the instrument, the trustee has the power: (1) To receive title to, hold, buy, sell, exchange, transfer and convey real and personal property for the use of the business trust. (2) To take, receive, invest or disburse the receipts, earnings, rents, profits or returns from the trust estate. (3) To carry on and conduct any lawful business designated in the deed or other instrument of trust, and generally to do any lawful act in relation to such trust property that any individual owning the same absolutely might do. (4) To merge with another business trust or other association, to divide or to engage in any other fundamental or other transaction contemplated by the deed or other instrument of trust. (b) Term.--Except as otherwise provided in the instrument, a business trust shall have perpetual existence. (c) Separate entity.--A business trust is a separate legal entity.

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Any partnership that desires to elect to be governed by this chapter, or to amend or terminate the election, shall file in the Department of State a statement of election, amendment or termination, as the case may be, which shall be signed by a general partner and shall set forth: (1) The name of the partnership. (2) The location of the principal place of business. (3) The name of each general partner of the partnership as of the date of the statement. (4) A statement that the partnership elects to be governed by this chapter or that the election to be governed by this chapter shall be amended or terminated, as the case may be. (5) If the election is to be made or terminated, a statement that the election or termination has been authorized by at least a majority in interest of the partners.

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Code § 31B-1-103(b)(2), the Operating Agreement may (1) identify specific types or categories of activities that do not violate the duty of loyalty, if not manifestly unreasonable; and (2) specify the number or percentage of members or disinterested managers that may authorize or ratify, after full disclosure of all material facts, a specific act or transaction that would otherwise violate the duty of loyalty.

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April 5, 7, and 8, 1976. (Washington: U. Contractual dissenters rights in entity transactions. 319. A foreign corporation or a foreign eligible entity may be a party to a merger with a domestic corporation or may be created pursuant to the terms of the plan of merger only if the merger is permitted by the laws under which the foreign corporation or eligible entity is organized or by which it is governed. If no meeting place is stated in the by-laws, then annual meetings are held at the corporation’s principal office. (Utah Code § 16-10a-701.) Directors are elected at the annual meeting unless the directors have been divided into two or three staggered groups, in which case, either: Half of the directors are elected every other year.

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Fill vacancies on the board or on any of its committees; 5. Directors must also provide a biennial, annual in Colorado, report to the shareholders on the corporation’s promotion of the public benefit identified in its certificate of incorporation and of the best interests of the stakeholders. In the absence of a provision in the articles of incorporation fixing a term of office, the term of office for a director shall be one year.