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A main order of business for Territorial Kansas was the creation of a constitution, under which Kansas would become a state. Whether it would be a slave state or a free state, allowing or prohibiting slavery, was a national issue, because it would affect voting in the polarized U.S. Senate. Because of tensions over slavery, four quite different ...
A combination of a state's corporation law, case law developed by the courts, and a corporation's own articles of incorporation and bylaws determine how power is shared. In general, the rules of a corporation's constitution can be written in whatever way its incorporators choose, or however it is subsequently amended, so long as they comply ...
By convention, most common law jurisdictions divide the constitutional documents of companies into two separate documents: [1]. the Memorandum of Association (in some countries referred to as the Articles of Incorporation) is the primary document, and will generally regulate the company's activities with the outside world, such as the company's objects and powers.
A corporate acquisition can be structured legally as either an "asset purchase" in which the seller sells business assets and liabilities to the buyer, an "equity purchase" in which the buyer purchases equity interests in a target company from one or more selling shareholders or a "merger" in which one legal entity is combined into another ...
Letting the Legislature override any governor, or requiring county sheriffs to be elected, would have long-lasting effects on the balance of power. | Opinion
The de facto merger doctrine states that courts will look to substance over form when determining whether statutory merger law applies to a company's shareholders.Thus, where an asset acquisition leads to the same result as a statutory merger, these jurisdictions demand that shareholders are given the same rights as in the statutory merger.
Kansas Secretary of State Scott Schwab says a new change will reduce government paperwork for Kansas businesses starting in 2024. ... Kansas business owners have been required to file an annual ...
The Kansas Supreme Court offered a mixed bag in a ruling Friday that combined several challenges to a 2021 election law, siding with state officials on one provision, reviving challenges to others ...