This office lease provision refers to a tenant that is a partnership or if the tenant's interest in the lease shall be assigned to a partnership. Any such partnership, professional corporation and such persons will be held by this provision of the lease.
Mississippi Standard Provision to Limit Changes in a Partnership Entity
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Multi-State
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US-OL203A
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How to fill out Standard Provision To Limit Changes In A Partnership Entity?
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FAQ
What is economic nexus? The term economic nexus refers to a business presence in a US state that makes an out-of-state seller liable to collect sales tax there once a set level of transactions or sales activity is met.
Some customers are exempt from paying sales tax under Mississippi law. Examples include government agencies, some nonprofit organizations, and merchants purchasing goods for resale. Sellers are required to collect a valid exemption or resale certificate from buyers to validate each exempt transaction.
The statute of limitations for open accounts (debts) is up to three years from the initial due date stated in the given account. The statute of limitations for a judgment is seven years.
Mississippi Tax Rates, Collections, and Burdens Mississippi has a flat 5.00 percent individual income tax. Mississippi also has a 4.00 to 5.00 percent corporate income tax rate.
§ 31-7-13. All agencies and governing authorities shall purchase their commodities and printing; contract for garbage collection or disposal; contract for solid waste collection or disposal: contract for sewage collection or disposal; contract for public construction; and contract for rentals as herein provided.
Under the economic presence nexus standard, an out-of-state corporation may trigger nexus by conducting a certain amount of economic activity within the state (e.g., $100,000 of annual sales to customers in the state) even if the corporation lacks a physical presence within the state's borders.
Service of process on entities. (a) A registered agent is an agent of the represented entity authorized to receive service of any process, notice, or demand required or permitted by law to be served on the entity.
(k) Transacting business in interstate commerce. (c) Is a member or manager of a limited liability company or foreign limited liability company that is transacting business in this state.
§ 79-29-315 - Access to and confidentiality of information; records. (f) Other information regarding the affairs of the limited liability company as is just and reasonable.
