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The Close Corporation-Comparing The Separate Statutory Treatments Of Florida, Delaware And Maryland With Virginia's Version Of The Model Act Jan 1973

The Close Corporation-Comparing The Separate Statutory Treatments Of Florida, Delaware And Maryland With Virginia's Version Of The Model Act

University of Richmond Law Review

In a trend beginning before the turn of the nineteenth century and accelerating during the period after the Second World War, state corporation laws have evolved into enabling acts recognizing and catering to modem business practices The restrictions retained in these acts remain both to protect the public and balance the relationships between interested parties within the corporation. Despite these remaining restrictions, the philosophy of the modem acts is to create a climate favorable for corporate activity.


Restraints On Incumbent Directors In Intracorporate Battles For Control, Aaron Yoran Jan 1973

Restraints On Incumbent Directors In Intracorporate Battles For Control, Aaron Yoran

University of Richmond Law Review

Editor's Note: The first portion of Dr. Yoran's article, dealing with directors' maneuvering power in closed corporations, appeared in the Winter issue of the Review.