A determination of members entitled to notice of or to vote at a members' meeting is effective for any adjournment of the meeting unless the board of directors fixes a new record date, which it shall do if the meeting is adjourned to a date more than 120 days after the date fixed for the original meeting. Synar, as in earlier cases, the Supreme Court emphasized the close connection between the power to remove an official and the power to control her. {327} The President's appointment and removal power is the formal foundation of agency accountability to the President, just as Congress's ability to change an agency's powers by statute, and its power of the purse, are the formal foundations of accountability to Congress.

The corporation shall also keep appropriate, complete and accurate books or records of account. The records provided for in this subsection shall be kept at any of the following locations: (1) the registered office of the corporation in this Commonwealth; (2) the principal place of business wherever situated; or (3) any actual business office of the corporation. (b) Right of inspection by a member.--Every member shall, upon written verified demand stating the purpose thereof, have a right to examine, in person or by agent or attorney, during the usual hours for business for any proper purpose, the membership register, books and records of account, and records of the proceedings of the members, directors and any other body, and to make copies or extracts therefrom http://blog.gottahave.com/?freebooks/high-court-case-summaries-business-organizations-keyed-to-eisenberg. As used in sections 1701.01 to 1701.98 of the Revised Code, unless the context otherwise requires: (A) "Corporation" or "domestic corporation" means a corporation for profit formed under the laws of this state. (B) "Foreign corporation" means a corporation for profit formed under the laws of another state, and "foreign entity" means an entity formed under the laws of another state. (C) "State" means the United States; any state, territory, insular possession, or other political subdivision of the United States, including the District of Columbia; any foreign country or nation; and any province, territory, or other political subdivision of such foreign country or nation. (D) "Articles" includes original articles of incorporation, certificates of reorganization, amended articles, and amendments to any of these, and, in the case of a corporation created before September 1, 1851, the special charter and any amendments to it made by special act of the general assembly or pursuant to general law. (E) "Incorporator" means a person who signed the original articles of incorporation. (F) "Shareholder" means a person whose name appears on the books of the corporation as the owner of shares of the corporation , e.g. elefanco.com.

the single direct expenses to the Treasury, in spite of the fact that, are the contingent legal responsibility if Fannie Mae defaults and the govt makes a decision to satisfy the market's expectation of an implicit warrantly. furthermore, Treasury borrowing expenses may perhaps bring up as a result of the conception[ *600] that GSE debt is a comparatively solid alternative (substitution cost). {281} No research has measured the influence of GSE debt out there for Treasury bonds, yet estimates in accordance with extra basic empirical paintings recommend a rise of not more than 2.5 foundation issues within the Treasury's momentary price of borrowing for each $100 billion of GSE debt issued, and negligible long term results. {282} Measuring how a lot of the federal "subsidy" to Fannie Mae is handed directly to personal loan debtors, who're possibly the meant beneficiaries of the subsidy, is a tricky workout, yet experiences recommend that the lifestyles of Fannie Mae and Freddie Mac within the secondary marketplace finally lowers personal loan premiums via as much as 50 foundation issues. {283} additional facts that Fannie Mae passes on not less than an important fraction of its reduce bills to basic creditors comes from stories demonstrating that Fannie Mae's access into new product markets within the securities box has decreased rates of interest in these markets. {284} the variation among the estimate of Fannie Mae's borrowing virtue (30- seventy five foundation issues) and the estimate of the ease to shoppers (25-50 foundation issues) means that whereas debtors have become the lion's percentage of the mark downs, both Fannie Mae and/or basic personal loan creditors are taking advantage of a lease of as much as 50 foundation issues (one-half percentage) on loan loans download online.

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