Kansas Disclaimer of All Rights Under Operating Agreement by Party to Agreement

State:
Multi-State
Control #:
US-OG-595
Format:
Word; 
Rich Text
Instant download

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This is a form of Disclaimer of All Rights Under an Operating Agreement (by Party to Agreement).

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FAQ

Kansas bars the recording, interception, use or disclosure of any private conversation without the consent of at least one party to the conversation. The state also prohibits the recording and disclosure of images captured illegally with a hidden camera. Violators can face both civil and criminal penalties.

In a product liability cause of action, the Kansas product liability act permits a plaintiff to recover damages for any damage to property, including damage to the product itself.

Specifically, fiduciary duties may include the duties of care, confidentiality, loyalty, obedience, and accounting.

Section 58-9a-201 - Fiduciary duties; general principles (a) In making an allocation or determination or exercising discretion under this act, a fiduciary shall: (1) Act in good faith, based on what is fair and reasonable to all beneficiaries; (2) administer a trust or estate impartially, except to the extent the terms ...

A fiduciary is a person or organization that acts on behalf of another person or persons, putting their clients' interests ahead of their own, with a duty to preserve good faith and trust. Being a fiduciary thus requires being bound both legally and ethically to act in the other's best interests.

What Are the Primary Fiduciary Duties? Duty of Care. Duty of Loyalty. Duty of Obedience. Duty of Confidentiality. Duty of Prudence. Duty to Disclose.

Statute of limitations in contracts for sale. (1) An action for breach of any contract for sale must be commenced within four years after the cause of action has accrued. By the original agreement the parties may reduce the period of limitation to not less than one year but may not extend it.

A fiduciary duty is a legal obligation for one party to act in the best interests of another (such as a company). In a fiduciary relationship, the person who is legally and ethically bound by this duty is known as the fiduciary.

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Kansas Disclaimer of All Rights Under Operating Agreement by Party to Agreement