District of Columbia Agreement of Combination

State:
Multi-State
Control #:
US-CC-12-1377C
Format:
Word; 
Rich Text
Instant download

Description

This is an Agreement of Combination, to be used across the United States. It is an Agreement of Combination between a bank holding company and a savings and loan holding company, for the merger of the savings and loan holding company into the bank holding company, in order to create a bank and thrift holding company.
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FAQ

Every contract or duty within this chapter imposes an obligation of good faith in its performance or enforcement. For purposes of this chapter, the term ?good faith? means honesty in fact in the conduct or transaction concerned and the observance of reasonable commercial standards of fair dealing.

Federal laws apply in the District of Columbia as they do across the rest of the U.S. In addition to the U.S. Constitution, which is the supreme law of the U.S., federal laws include statutes that are periodically codified in the U.S. Code. Federal laws also include decisions by courts that interpret federal laws.

§ 28?4502. Contract, combination, or conspiracy to restrain trade. Every contract, combination in the form of a trust or otherwise, or conspiracy in restraint of trade or commerce all or any part of which is within the District of Columbia is declared to be illegal.

Monopolization. It shall be unlawful for any person to monopolize, attempt to monopolize, or combine or conspire with any other person or persons to monopolize any part of trade or commerce, all or any part of which is within the District of Columbia.

§ 28?4501. (b) The purpose of this chapter is to promote the unhampered freedom of commerce and industry throughout the District of Columbia by prohibiting restraints of trade and monopolistic practices.

A claim for breach of contract generally requires showing the existence of a valid contract, a duty arising out of the contract, a breach of the duty, and damages resulting from the breach.

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District of Columbia Agreement of Combination