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However, given the restrictive nature of state corporation laws, many companies preferred to seek a special legislative act for incorporation to attain privileges or monopolies, even until the late nineteenth century. In 1819, the U.S. Supreme Court granted corporations rights they had not previously recognized in Trustees of Dartmouth College v.
Website. www .bcbs .com. Blue Cross Blue Shield Association, also known as BCBS, BCBSA, or The Blues, is a United States -based federation with 33 independent and locally-operated BCBSA companies that provide health insurance in the United States to more than 115 million people as of 2022. [ 2][ 3] It was formed in 1982 from the merger of its ...
They also administer the North Carolina Securities Act and the Uniform Commercial Code, charter corporations, register trademarks, manage land records, and register legislative lobbyists. [2] They are empowered to investigate violations of lobbying laws and impose civil fines not exceeding $5,000 for infractions. [ 22 ]
Economy of North Carolina. In 2019, North Carolina's total gross state product was around $591 billion. According to the Bureau of Economic Analysis, the state's 2010 total gross state product was $424.9 billion, making it the ninth wealthiest state in terms of gross domestic product. [1] Its 2007 per capita personal income was $33,735, placing ...
The United States federal government chartered and owned corporations operate to provide public services. Unlike government agencies such as the Environmental Protection Agency, the Bureau of Indian Affairs, or independent commissions, such as the Federal Communications Commission, the Nuclear Regulatory Commission, and others, they have a separate legal personality from the federal government.
The North Carolina Department of Commerce was formed in 1971 by the North Carolina State Government Reorganization Act. The department is headed by the Secretary of Commerce, who is appointed by the Governor of North Carolina. The Secretary is part of the Governor's Cabinet. The chief function of the department is to connect businesses with ...
A for-profit corporation is usually an organization operating in the private sector which sets aims that eventually help the organization itself. This kind of a company makes shares of ownership available to the general public. The purchasers of those shares then become the company's shareholders; shareholders have bought a portion of ownership ...
The first North Carolina Constitution was created in 1776 after the American Declaration of Independence. Since the first state constitution, there have been two major revisions and many amendments. The current form was ratified in 1971 and has 14 articles. The three constitutions North Carolina has had are: