Etymology[ edit ] The word bankruptcy is derived from Italian banca rotta, meaning "broken bank", which may stem from a widespread custom in the Republic of Genoa of breaking a moneychanger's bench or counter to signify his insolvency, or which may be only a figure of speech. In Ancient Greecebankruptcy did not exist.
Operative date of article. The constitutional mandate, contained in section 1 of Article VI, that no act shall go into effect until 90 days after the adjournment of the Legislature, specifically excepts three classes of measures, i.
It is only the last group that requires a two-thirds vote. The Legislature has the power to determine by a majority vote in each house when the other two classes of excepted acts shall become effective.
Even though the act failed to become effective immediately on July 31,when it was approved, the collection of taxes for the first quarterly period beginning with August 1,was not illegal for the reason that the act would become retroactive as to the period of time prior to its effective date.
The act does not contravene either the Federal or the State Constitution by depriving individuals of property without due process of law and does not unreasonably discriminate with respect to the different classes of businesses to which it applies.
Johnson 13 Cal.
Imposition and rate of additional sales and use tax: A The board of supervisors, by a majority vote Business law chapter 3 and 4 its membership, requests an allocation from the Local Public Safety Fund in a manner prescribed by statute.
B A majority of the county's voters voting thereon approve the addition of this section. A Employing and training public safety officials, including law enforcement personnel, attorneys assigned to criminal proceedings, and court security staff.
B Managing local jails and providing housing, treatment, and services for, and supervision of, juvenile and adult offenders. C Preventing child abuse, neglect, or exploitation; providing services to children and youth who are abused, neglected, or exploited, or who are at risk of abuse, neglect, or exploitation, and the families of those children; providing adoption services; and providing adult protective services.
D Providing mental health services to children and adults to reduce failure in school, harm to self or others, homelessness, and preventable incarceration or institutionalization.
E Preventing, treating, and providing recovery services for substance abuse. The legislation shall provide local agencies with maximum flexibility and control over the design, administration, and delivery of Public Safety Services consistent with federal law and funding requirements, as determined by the Legislature.
However, Realignment Legislation shall include no new programs assigned to local agencies after January 1,except for the early periodic screening, diagnosis, and treatment EPSDT program and mental health managed care.
A All revenues, less refunds, derived from the taxes described in Sections B All revenues, less refunds, derived from the vehicle license fees described in Section of the Revenue and Taxation Code, as that section read on July 1, Pending full implementation of the Realignment Legislation, funds may also be used to reimburse the State for program costs incurred in providing Public Safety Services on behalf of local agencies.
The methodology for allocating funds shall be as specified in the Realignment Legislation. The money in each County Local Revenue Fund shall be exclusively used to fund the provision of Public Safety Services by local agencies as specified by the Realignment Legislation.
Any requirement that a local agency comply with Chapter 9 commencing with Section of Part 1 of Division 2 of Title 5 of the Government Code, with respect to performing its Public Safety Services responsibilities, or any other matter, shall not be a reimbursable mandate under Section 6 of Article XIII B.
Local agencies shall not be obligated to provide programs or levels of service required by legislation, described in this subparagraph, above the level for which funding has been provided.
B Regulations, executive orders, or administrative directives, implemented after October 9,that are not necessary to implement the Realignment Legislation, and that have an overall effect of increasing the costs already borne by a local agency for programs or levels of service mandated by the Realignment Legislation, shall apply to local agencies only to the extent that the State provides annual funding for the cost increase.Chapter 11 is a chapter of Title 11, the United States Bankruptcy Code, which permits reorganization under the bankruptcy laws of the United urbanagricultureinitiative.comr 11 bankruptcy is available to every business, whether organized as a corporation, partnership or sole proprietorship, and to individuals, although it is most prominently used by corporate entities.
Quia Web allows users to create and share online educational activities in dozens of subjects, including Business Law. All About Law – Chapter 4 Self-Quiz Multiple Choice.
Identify the letter of the choice that best completes the statement or answers the question. 1. Criminal law emphasizes which of the following? 3. Which of the conditions must exist for an act to be a criminal offence? a. a witness.
d. b and c but not a. b. The term “interstate or foreign commerce” includes commerce between any place in a State and any place outside of that State, or within any possession of the United States (not including the Canal Zone) or the District of Columbia, but such term does not include commerce between places within the same State but through any place outside of that State.
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Learn more about Quia: Create your own activities. CHAPTER * CORPORATION BUSINESS TAX *See Sec. b re tax credits for donations of computers to boards of education and public schools. See Secs. , a re tax credits for rehabilitation of historic homes and certified historic structures.