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There are a number of legal benefits that come with incorporation. One significant legal benefit is the protection of personal assets against the claims of creditors and lawsuits. Sole proprietors and general partners in a partnership are personally and jointly responsible for all the legal liability (LL) of a business such as loans, accounts payable, and legal
The MBCA has three principal benefits. First, by distilling many matters into black-letter law, it provides guidance on issues that have often been the subject of dispute and litigation (e.g., directors’ duties). This can promote clarity, consistency and certainty in business transactions.
MAVA's Investment Report 2007-2008 revealed that: In the Mid-Atlantic Region—Virginia, D.C., Maryland, Delaware—there are 224 investment firms; over those two years, 235 companies in the Mid-Atlantic region received $1.768 billion in venture capital; and software led the way among those companies, with 102 investments at $433 million (or 25 ...
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The Attorney General of the State of Maryland is the chief legal officer of the State of Maryland in the United States and is elected by the people every four years with no term limits. To run for the office a person must be a citizen of and qualified voter in Maryland and must have lived and practiced law in the state for at least ten years.
Houston has served as president and CEO of Principal since 2015 and has held several leadership positions during his 40 years with the company. During his tenure, Principal’s market ...
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