§607
24 cases·3 followed·1 distinguished·1 criticized·19 cited—12% support
Statute Text — 26 U.S.C. §607
Statute text not available for this section.
24 Citing Cases
607.0631(1) (West 2007). Additionally, there is no longer a (continued...) - 75 - [*75] AC's guaranty ofthe MidCoast acquisition vehicles' repayment ofthe loan from Sequoia was a contingent liability that did not affect AC's solvency and was not an unequal exchange as the Commissioner suggests. "It is well established * * * that a contingent
607.01401(23) (West 2007). The FECP bylaws state that an officer "may include one or more vice presidents * * * . The officers will be elected initially by the board ofdirectors at the organization meeting ofdirectors and, afterthat, at the first meeting ofthe board ofdirectors following the annual meeting ofthe shareholders each year." Mr. Ro
607.0631(1) (West 2007). Additionally, there is no longer a (continued...) - 75 - [*75] AC's guaranty ofthe MidCoast acquisition vehicles' repayment ofthe loan from Sequoia was a contingent liability that did not affect AC's solvency and was not an unequal exchange as the Commissioner suggests. "It is well established * * * that a contingent
607.0631(1) (West 2007). Additionally, there is no longer a (continued...) - 75 - [*75] AC's guaranty ofthe MidCoast acquisition vehicles' repayment ofthe loan from Sequoia was a contingent liability that did not affect AC's solvency and was not an unequal exchange as the Commissioner suggests. "It is well established * * * that a contingent
607.01401(23) (West 2007). The FECP bylaws state that an officer "may include one or more vice presidents * * * . The officers will be elected initially by the board ofdirectors at the organization meeting ofdirectors and, afterthat, at the first meeting ofthe board ofdirectors following the annual meeting ofthe shareholders each year." Mr. Ro
607.0631(1) (West 2007). Additionally, there is no longer a (continued...) - 75 - [*75] AC's guaranty ofthe MidCoast acquisition vehicles' repayment ofthe loan from Sequoia was a contingent liability that did not affect AC's solvency and was not an unequal exchange as the Commissioner suggests. "It is well established * * * that a contingent
607.134 (West 1977) (current version at Fla. Stat. Ann. sec. 607.0821 (West 1993)). By executing the document entitled “ACTION BY WRITTEN CONSENT OF THE BOARD OF DIRECTORS OF MULBERRY MOTOR PARTS, INC.”, the three directors of MMP obviated the requirement under Florida law to hold a meeting at which such directors could adopt, by a majority vo
607.134 (West 1977) (current version at Fla. Stat. Ann. sec. 607.0821 (West 1993)). By executing the document entitled “ACTION BY WRITTEN CONSENT OF THE BOARD OF DIRECTORS OF MULBERRY MOTOR PARTS, INC.”, the three directors of MMP obviated the requirement under Florida law to hold a meeting at which such directors could adopt, by a majority vo
ion, or its directors, - 11 - officers, or shareholders for any right or claim existing, or any liability incurred, prior to such dissolution if action or other proceeding thereon is commenced within 3 years after the date of such dissolution." See sec. 607.297(3), Florida Statutes (1988). This Court has previously held that the issuance of a notice of deficiency within the above mentioned 3-year period constitutes the commencement of an "action or other proceeding" under the Florida statute tha
ion, or its directors, - 11 - officers, or shareholders for any right or claim existing, or any liability incurred, prior to such dissolution if action or other proceeding thereon is commenced within 3 years after the date of such dissolution." See sec. 607.297(3), Florida Statutes (1988). This Court has previously held that the issuance of a notice of deficiency within the above mentioned 3-year period constitutes the commencement of an "action or other proceeding" under the Florida statute tha
607.1405 (West 1993), House of Babes kept title to the note after Florida dissolved the corporation in 1987. We disagree. That section became effective July 1, 1990. 1989 Fla. Laws ch. 89-154, sec. 125. b. The Existence of a Close Relationship Between Transferor and Transferee A conveyance is more likely to be fraudulent if there is a close re