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The case arose from the high-profile bankruptcy of Chrysler, in which the U.S. Treasury orchestrated a sale under Section 363 of the Bankruptcy Code to avoid the debtors' having to fully compensate a group of first lien priority creditors, which included roughly 100,000 retired teachers and police officers from Indiana.
Every state and territory has its own basic corporate code, while federal law creates minimum standards for trade in company shares and governance rights, found mostly in the Securities Act of 1933 and the Securities and Exchange Act of 1934, as amended by laws like the Sarbanes–Oxley Act of 2002 and the Dodd–Frank Wall Street Reform and ...
In 1990, Judge Bruce Van Sickle and attorney Lynn M. Boughey compiled a list from the Congressional Record of state applications for an Article V Convention in the Hamline Law Review. Photocopies of the relevant sections of the Congressional Record have are available through Friends of the Article V Convention (FOAVC) for the gap in the ...
State agency regulations (sometimes called administrative law) are published in the Michigan Register and codified in the Michigan Administrative Code. Michigan's legal system is based on common law, which is interpreted by case law through the decisions of the Supreme Court and Court of Appeals, which are published in the Michigan Reports and ...
A special agency was established to reorganize the entire body of law for the State of Indiana, leading to the development of 36 distinct Titles that correspond to subject categories. [citation needed] The first official edition of the Indiana Code was published by West Publishing Company, under direction of the Indiana Legislative Council.
It was created by the National Conference of Commissioners on Uniform State Laws (NCCUSL). The purpose of the Uniform Securities Act is to provide model legislation that can be adopted by a state to deal with securities fraud at the state level, supplementing enforcement and regulation efforts of the U.S. Securities and Exchange Commission (SEC ...
The Governor formed the department in hopes of better regulations thus drawing more insurance and banking companies to the state thus leading to more jobs. [4] In May 2013, the DIFS ordered two unlicensed pay day loan operators to stop activities in Michigan. [5]
Michigan Department of Treasury, 489 U.S. 803 (1989), is a case in the Supreme Court of the United States holding that states may not tax federal pensions if they exempt their own state pensions from taxation. [1]