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Full-Text Articles in Law
Guidelines For Articles Of Incorporation And By-Laws, John R. Uhrich, Philip A. Henderson, J. David Aiken
Guidelines For Articles Of Incorporation And By-Laws, John R. Uhrich, Philip A. Henderson, J. David Aiken
Department of Agricultural Economics: Faculty Publications
A growing number of farm and ranch owners are incorporating their farm or ranch businesses. In many instances, the farm or ranch operation has been incorporated primarily for estate planning purposes. Others have incorporated for income tax advantages, to limit liability, or for other reasons. The privilege to operate as a Nebraska based corporation is granted by the Nebraska Business Corporation Act. The Act requires an annual meeting of shareholders, election of directors, separate recordkeeping of corporate transactions, and the filing of annual reports4 with the State of Nebraska. Faih.,!re to comply with these statutory requirements can result in revocation …
Commercial Farm Law: The Uniform Commercial Code, Thomas B. Allington, Clayton K. Yeutter
Commercial Farm Law: The Uniform Commercial Code, Thomas B. Allington, Clayton K. Yeutter
Department of Agricultural Economics: Faculty Publications
Commercial law includes such topics as sales contracts, notes, checks, shipping and storage documents, and a variety of financing instruments. Over the years much of the law on these topics has become complex, confusing, and often obsolete. The Uniform Commercial Code, or U.C.C., is designed, first, to bring about uniformity in state laws governing commerce, and second, to clarify, simplify, and modernize these laws. The Code's success in this respect is shown by the fact that it has now been adopted by almost all states. It became effective in Nebraska on September 2, 1965. Drafting of the U.C.C. dates back …