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The articles of dissolution include a cover letter that includes the name of the LLC, mailing address, and the name and telephone of the person authorized to dissolve the company. The articles of ...
One possible solution may be to form a new corporation and merge into it, dissolving the LLC and converting into a corporation. Many jurisdictions—including Alabama, California, Kentucky, Maryland, New York, Pennsylvania, Tennessee, and Texas—levy a franchise tax or capital values tax on LLCs. In essence, this franchise or business ...
(ULPA is also an acronym for ultra-low penetration air (ULPA) filters.) The Uniform Limited Partnership Act (ULPA), which includes its 1976 revision called the Revised Uniform Limited Partnership Act (RULPA), is a uniform act (similar to a model statute), proposed by the National Conference of Commissioners on Uniform State Laws ("NCCUSL") for the governance of business partnerships by U.S ...
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 ]
The cons to owning a small business include: Possible long work hours Many small business owners put in long hours to help their ideas prove fruitful, a phenomenon called sweat equity.
(The Center Square) – The state of Texas has two more wins in court, in a sweeping small business federal regulatory action that a federal judge ruled is unconstitutional and a federal agency ...
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.
The audit also described broad failures in how DPDA managed the money it takes from the city, grants, events and other programs in hopes of stimulating downtown business. The audit also exposed:
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