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The authorised capital of a company sometimes referred to as the authorised share capital, registered capital or nominal capital, (particularly in the United States) is the maximum amount of share capital that the company is authorised by its constitutional documents to issue (allocate) to shareholders. Part of the authorised capital can (and ...
The seat of government is (as defined by Brewer's Politics) "the building, complex of buildings or the city from which a government exercises its authority". [ 1 ] In most countries, the nation's capital is also seat of its government, thus that city is appropriately referred to as the national seat of government.
Usually direct-controlled municipality are under central government control with limited power. In some cases, a similar term in federal states is the federal city. Many countries have adopted this system with some different variations. Geographically and culturally, many of the municipalities are enclaves in the middle of provinces. Some occur ...
The key motivation for municipalization stems from a difference in priorities and goals of the community members and the incumbent utility. While incumbent IOUs have the objective of reliable and safe electricity that can provide a competitive profit for the investors, municipalized utilities are free from the need to provide for private profits and can focus on the pursuit of other policy ...
By contrast, home-rule cities may assume any power not prohibited by the state constitution or state laws. General-law municipalities are classified by population as type A, B, or C, with different options for their forms of government. [1] In the event a home-rule city's population falls below 5,000, it may retain home rule status.
Generally, in a state having both chartered and general-law local governments, the chartered local governments have more local autonomy and home rule. Municipalities are typically subordinate to a county government, with some exceptions. Certain cities, for example, have consolidated with their county government as consolidated city-counties.
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The city of Shelton was the last one still using the three-member commission form of government, until it switched to Council-Manager after a vote of the people in 2017. Mayor-council Most cities in Washington have this form of government, which calls for an elected mayor and an elected city council, including Seattle , Spokane , Kent , Everett ...