An anti-greenmail provision is a provision within a corporate charter that prevents the company’s board of directors from making greenmail payments.
Greenmail payments refer to payments made by a corporation to buy out the...
corporations
antitrust violations
Antitrust violations occur when an antitrust law is broken; laws protecting trade and commerce from abusive practices such as price-fixing, restraints, price discrimination, and monopolization. The three key federal statutes in Antitrust Law...
article
An article is a legal rule that can be set out under a statute, a code, or a paragraph in a legal document. Articles usually refer to matters that have been agreed upon by the supervising authority. For example, in contracts, an article under...
Articles of Incorporation
Articles of Incorporation refers to the highest governing document in a corporation. It is also known known as the corporate charter. The Articles of Incorporation generally include the purpose of the corporation, the type and number of...
Articles of Organization
The articles of organization are a public and official document used to create a limited liability company (LLC). The LLC members must file the articles of organization before the relevant state authority (usually the Secretary of State) for...
artificial person
An artificial person is also known as a juridical person; it has a legal name and has certain rights, protections, privileges, responsibilities, and liabilities in law, similar to those of a natural person. In other words, an artificial...
association
An association is an unincorporated organization of people banded together for a specific purpose. Generally associations are tax exempt under nonprofit 501 exemption, however, if an association has certain features that make it look like a...
audit
An audit (noun) is a formal examination and verification of an individual’s or organization’s records and accounts, finances, or compliance with a set of standards.
To audit (verb) is the act of conducting the formal...
auditor
An auditor is one who conducts an audit. Specifically, an auditor is a person or firm (usually an accountant or accounting firm) that conducts a formal examination and verification of an individual’s or organization’s records and accounts,...
authority
Authority is the official permission or right to act, often on behalf of another. Authority may also be a person or institution that has power over another person.
Authority as agency is the power to act on behalf of another...