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Local Agency Formation Commissions or LAFCOs are regional service planning agencies of the State of California.LAFCOs are located in all 58 counties and exercise regulatory and planning powers in step with their prescribed directive to oversee the establishment, expansion, governance, and dissolution of local government agencies and their municipal service areas to meet current and future ...
Student Senate for California Community Colleges (SSCCC) is a California public-benefit nonprofit corporation. SSCCC came into existence on April 29, 2015 when a document titled "Articles of Incorporation of Student Senate for California Community Colleges" was filed in the office of the secretary of state of California .
S corporations pay a franchise tax of 1.5% of net income in the state of California (minimum $800). This is one factor to be taken into consideration when choosing between a limited liability company and an S corporation in California. For highly profitable enterprises, the LLC franchise tax fees (minimum $800), which are based on gross ...
Judicial dissolution, informally called the corporate death penalty, is a legal procedure in which a corporation is forced to dissolve or cease to exist. Dissolution is the revocation of a corporation's charter for significant harm to society. [ 2 ]
A hearing was held about the dissolution of the company on 26 March 1919. [19] In the 26 April 1920 issue of Aerial Age Weekly, it was announced that the Interallied Aircraft Corporation, with headquarters in New York City, had just appointed the Fowler Airplane Company of 1065 Phelan Building, San Francisco, as their western agents and distributors.
Lewison J's ruling in Hanchett Stamford's case would appear to have decided this question for the time being: he held that the assets do not become bona vacantia as long as one member of the association remains. This followed from his conclusion that the correct construction of the ownership was the “contract-holding” theory: as above, that ...
In 1986, CST's Articles of Incorporation were amended to clarify the "disposition of the corporation's assets upon dissolution". On August 18, 1993, CST filed an application for tax exemption under section 501(c)(3) of the Internal Revenue Code.
Professional corporations or professional service corporations (abbreviated as PC or PSC) are those corporate entities for which many corporation statutes make special provision, regulating the use of the corporate form by licensed professionals such as attorneys, architects, engineers, public accountants and physicians.