Corporate Refusal Within A Contract In Bronx

State:
Multi-State
County:
Bronx
Control #:
US-0025-CR
Format:
Word; 
Rich Text
Instant download

Description

The document is a resolution for a corporation in the Bronx, specifically addressing the execution of a Right of First Refusal Agreement. It outlines the authority granted to the President of the Corporation to execute further documents necessary to complete the agreement. This form is particularly useful for corporations that intend to establish rights for shareholders regarding the sale of stock. Key features include the formal resolution by shareholders or directors, certification by the Secretary, and the necessity for signatures to validate the document. It is essential for attorneys, partners, and owners as it ensures legal compliance and protection of shareholder interests during stock transactions. Paralegals and legal assistants may find the form useful for drafting, filling, and managing resolution documents, streamlining processes within corporate governance. Finally, the form aids in maintaining clear records of decisions made by corporate leadership and reinforces the importance of internal agreements in business operations.

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FAQ

FOR ACTS THAT OCCURRED ON OR AFTER 2/15/2024, you must file your complaint within three years of the most recent act of alleged discrimination. If you were terminated, you must file within three years of the date you were first informed you would be terminated.

In New York City, an individual can call 718-722-3131 or fill out an online form, NYC Human Rights. If an employee desires quicker results, the best course of action would be to speak with a manager or supervisor and inform them of suspected sexual harassment.

The New York State Division of Human Rights (DHR) is the state agency charged with enforcing the State Human Rights Law. DHR is responsible for receiving, investigating, and resolving individual complaints alleging violations of the State Human Rights Law and prosecuting unlawful discriminatory practices.

You can protect our communities against hate by reporting a hate or bias incident. The New York State Division of Human Rights is dedicated to eliminating discrimination, remedying injustice, and promoting equal opportunity, access, and dignity.

The Division enforces the New York State Human Rights Law, which only applies to New York State and goes beyond employment and housing into areas such as public accommodations, lending, and education.

A right of first refusal is a serious detriment to the value and marketability of property and often leads to litigation. In most situations you should avoid granting rights of first refusal if at all possible.

Domestic and foreign business corporations are required by Section 408 of the Business Corporation Law to file a Biennial Statement every two years with the New York Department of State.

A right of first refusal clause could apply to family members of the property owner. If an owner decides to sell a property, the ROFR stipulates that named relatives, like children or siblings, may have the first opportunity to buy the property and make an offer.

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Corporate Refusal Within A Contract In Bronx