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Section 8 stated the goal of making trade secret law uniform among states enacting the UTSA. Section 9 provided a short title to refer to the act and section 10 described the severability of the act. Sections 11 and 12 provided a date when the act took effect and the opportunity to explicitly list other acts to be repealed. [3]
The Financial Accounting Standards Board (FASB), which promulgates accounting standards in the United States, also revised its consolidation rules in response to the 2007–2008 financial crisis, although its revised guidance is not identical to IFRS 10, 11 and 12. [1] However, IFRS 11 is very close to the FASB guidance for joint ventures. [1]
Title 12 of the United States Code outlines the role of Banks and Banking in the United States Code. [1] Chapter 1: The Comptroller of the Currency; Chapter 2: National Banks; Chapter 3: Federal Reserve System; Chapter 4: Taxation; Chapter 5: Crimes And Offenses; Chapter 6: Foreign Banking; Chapter 6a: Export-Import Bank of the United States
The current Title 10 was the result of an overhaul and renumbering of the former Title 10 and Title 34 into one title by an act of Congress on August 10, 1956. Title 32 outlines the related but different legal basis for the roles, missions and organization of the United States National Guard in the United States Code.
Violation of the registration requirements can lead to near-strict civil liability for the issuer, underwriters, directors, officers, and accountants under §§ 11, 12(a)(1), or 12(a)(2) of the 1933 Act. [20] However, in practice the liability is typically covered by directors and officers liability insurance or indemnification clauses. [21]: 4
The detention sections of the NDAA begin by "affirm[ing]" that the authority of the President under the Authorization for Use of Military Force Against Terrorists (AUMF), a joint resolution passed in the immediate aftermath of the September 11, 2001 attacks, includes the power to detain, via the Armed Forces, any person, including a U.S. citizen, [11] [22] "who was part of or substantially ...
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SEC Rule 10b5-1, codified at 17 CFR 240.10b5-1, was enacted as a regulation by the SEC in 2000. [11] The SEC stated that Rule 10b5-1 was enacted in order to resolve an unsettled issue over the definition of insider trading, [12] which is prohibited by SEC Rule 10b-5.