Virginia Authorization to increase bonded indebtedness

State:
Multi-State
Control #:
US-CC-6-102
Format:
Word; 
Rich Text
Instant download

Description

This is a multi-state form covering the subject matter of the title.
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How to fill out Authorization To Increase Bonded Indebtedness?

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FAQ

Whenever a highway is marked with double traffic lines consisting of two immediately adjacent solid white lines, no vehicle shall cross such lines.

Exercise voting rights with respect to stocks and bonds in person or by proxy, enter into voting trusts, and consent to limitations on the right to vote.

How it Works. The Virginia Bonding Program provides a $5,000 fidelity bond which provides coverage for the first six months of employment for job seekers with convictions.

A void contract is considered a nullity and has no legal effect. A contract made in violation of a Virginia statute, for example, would be illegal and therefore void. For example, contracts for the payment of interest on a loan will be deemed void if the interest rate is unlawfully high.

In the area of law, for a contract to be legally enforceable, several requirements must be met, including an offer; acceptance of that offer; mutual understanding of the agreement; capacity to agree; an item or service; consideration in exchange for the item or service; and legality of the contract itself, including ...

Additionally, there are eight specific criteria a court will use to determine whether or not a contract is unenforceable: lack of capacity, coercion, undue influence, misrepresentation and nondisclosure, unconscionability, and public policy, mistake, and impossibility.

A breach occurs if a party without legal excuse fails to perform an obligation in a timely manner, repudiates a contract, or exceeds a contractual use term, or otherwise is not in compliance with an obligation placed on it by this chapter or the agreement.

Elements That Make a Contract Unenforceable Duress. Duresses can invalidate a contract. ... Misrepresentation. If any kind of misrepresentation or fraud occurs during the contract negotiation process, the contract itself can be held unenforceable. ... Nondisclosure. ... Lack Of Capacity. ... Mistake.

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Virginia Authorization to increase bonded indebtedness