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What is a business that is chartered by the state and usually owned by shareholders?
A corporation
What is a conventional corporation?
a state chartered legal entity with authority to act and have liability separate from its owners
What is a state chartered legal entity with authority to act and to have liability separate from its owners?
conventional (C) corporation.
What is a state chartered legal entity with authority to act and to have liability separate from its owners.?
conventional (C) corporation.
What company chartered by a state and recognized in law as a separate person?
A company chartered by a state and recognized in law as a separate person is known as a "corporation." This legal designation allows the corporation to own assets, enter contracts, and incur liabilities independently of its owners or shareholders. Corporations benefit from limited liability protection, meaning that the personal assets of shareholders are generally protected from the corporation's debts and legal obligations.
What is a federal government agency which insures federal chartered banks and savings and loans against loss called?
Federal Deposit Insurance Corporation (FDIC)
Was maryland the first chartered colony?
No, It goes: Virginia-1607, Chartered-1606-1612 New Hampshire-1623, Chartered-1679 Massachusetts-1628, Chartered-1629 Maryland-1634, Chartered-1632 Connecticut-1635, Chartered-1662 Rhode Island-1636, Chartered-1644 Delaware-1638, Chartered-None North Carolina-1653, Chartered-1663 New York-1613, Chartered-1664 New Jersey-1664, Chartered-None South Carolina-1670, Chartered-1663 Pennsylvania-1681, Chartered-1681 Georgia-1733, Chartered-1732
What is the function of the Federal Deposit Insurance Corporation?
It examines state-chartered banks that are not members of the Federal Reserve System for safety, soundness, and compliance with consumer protection laws.
WHAY IS THE Venue for bankruptcy filing of out of state corporation?
There are options, but generally a Corporation will file in the Federal District Court (BK is always in a Federal Court), in the State that it was chartered. Hence, a lot of Corp BKs are in Delaware which has historically been a preferred state to incorporate in.
Top 10 ranking institute of chartered accountants in the world?
Institute of Chartered Accountants of Pakistan American Institute of Certified Public Accountants Institute of Chartered Accountants of Australia Institute of Chartered Accountants in England and Wales Canadian Institute of Chartered Accountants Institute of Chartered Accountants of Scotland Institute of Chartered Accountants of Ireland Institute of Chartered Accountants of India
What was created to ensure confidence in banks?
In Canada, the CDIC (Canadian Deposit Insurance Corporation), a Federal Crown Corporation, guarantees deposits up to $100,000.00 per person placed in chartered banks and trust companies, to instill confidence in the public that the funds are safe when invested this way.
What is the population of Standard Chartered?
Standard Chartered's population is 2,011.
