At this point, it remains unclear whether the partners and partnership intend to report the incorporation
as a tax-deferred transaction under Sec.
But he said in recent Los Angeles County incorporations
, such as West Hollywood, Calabasas and Malibu, LAFCO did not approve the transfer of any assets from the county to the new city except for the streets.
More than a dozen communities in Shelby County filed for incorporation
, lest they be swallowed by nearby Memphis.
The California Public Employees' Retirement System (CalPERS) issued a Shareowner Alert today, asking fellow shareowners to join the System in voting for a resolution which urges the Tyco (NYSE:TYC) board to bring its legal incorporation
back to the United States from Bermuda.
Washburn said his battles date to the birth of the first incorporation
passed last year's level during the second week of this month.
A total of 12,471 incorporations
were registered with the California Secretary of State's Office during the third quarter, said CDB Infotek President Rick Rozar.
9 percent gain in new businesses in California with 48,301 new incorporations
registered with the Secretary of State's Office.
For this discussion, a tax-free incorporation
includes all transfers of property to a corporation, in exchange for its stock, by one or more persons who control the corporation immediately after that exchange.