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An agreement of merger is a legal document that establishes the terms and conditions to combine two or more businesses into one new entity. The business owners of the merging companies agree to sell all their stock and assets to the newly formed company for an agreed upon price.
Fortunately, we have a strong and healthy system: Vermont's education system is currently ranked third in the nation by Education Week. In child well-being, we dropped to sixth ing to the Annie E. Casey Foundation. On National Assessments, we rank between first and eighth depending on the year and subject.
Examples of merger clauses include: Example 1: Renewing an executive director's contract. Example 2: Nullifying all other agreements when renting to a tenant. Example 3: Buying a business outright from another individual.
In 2021, the state was rated among the top 10 states with the best public school systems by personal finance site WalletHub. WalletHub noted that Vermont has the lowest pupil-to-teacher ratio in the country, indicating smaller class sizes.
Public High School Choice, Act 129 of 2012, allows students to apply to attend any other high school in the state. Schools are allowed to limit the number of students who may transfer from a school, with a cap of 10 percent of resident students or 40, whichever is smaller; schools may set higher limits.
Governance Changes: FY13 ? Prior to mergers under Acts 153, 156, and 46, there were 276 districts in Vermont. FY20 ? After voter-approved mergers under Acts 153, 156, and 46, there were 154 districts.
In corporate law, a merger is the absorption of one corporation into another. The surviving corporation acquires all the assets and liabilities of the corporation getting absorbed. The joining of non-corporate entities such as associations may sometimes be called a merger as well.
Texas (1,029) and California (941) reported the highest tallies of school districts. Hawaii, by contrast, maintains the country's only statewide public school district.