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The members of the initial Board of Directors shall serve as incorporators and shall take whatever actions are necessary to establish the Corporation under the District of Columbia Nonprofit Corporation Act.
In the corporate context, indemnification is better grounded, as in the Model Business Corporation Act (MBCA), in the necessity of furnishing corporate directors with appropriate protection against personal risk.
The Neighborhood Reinvestment Corporation Act, referred to in subsec.
Many states follow the Model Business Corporation Act.
"This subtitle may be cited as the 'Synthetic Fuels Corporation Act of 1985'.
The District of Columbia Nonprofit Corporation Act, referred to in subsecs.
Similar(36)
The legislation would have made changes in the state's religious corporations act, which governs the corporate structure of several denominations.
The political economy of corporate tax rates is complicated by the fact that corporations act through their managers, who tend to view things from their own perspective.
But the "political economy of corporate tax rates is complicated by the fact that corporations act through their managers, who tend to view things from their own perspective," Victor Fleischer writes in the Standard Deduction column.
In her dissertation, Hiss dealt with the question of why corporations act socially responsible.
Friedman's argument becomes more nuanced as he considers how corporations act in practice.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com