Consolidating partnerships with corporations
Such approval shall be granted by the state department of social services, if in its opinion the word “blind” or “handicapped” as used in the corporate name proposed will not tend to mislead or confuse the public into believing that the corporation is organized for charitable or non-profit purposes related to the blind or the handicapped.(8) Shall not contain any words or phrases, or any abbreviation or derivation thereof in a context which will tend to mislead the public into believing that the corporation is an agency or instrumentality of the United States or the state of New York or a subdivision thereof or is a public corporation.
In some jurisdictions there may be other benefits, such as the ability to look through the acquisition of shares of acquired companies to depreciate the underlying assets.(b) All obligations belonging to or due to each constituent entity.(5) The surviving or new entity is liable for all the obligations of each constituent entity, including liability to dissenting partners, dissenting shareholders, or other dissenting equity holders.(4) Shall not contain any word or phrase, or any abbreviation or derivative thereof, in a context which indicates or implies that the corporation, if domestic, is formed or, if foreign, is authorized for any purpose or is possessed in this state of any power other than a purpose for which, or a power with which, the domestic corporation may be and is formed or the foreign corporation is authorized.unless the approval of the superintendent of financial services is attached to the certificate of incorporation, or application for authority or amendment thereof; or that the word “doctor” or “lawyer” or an abbreviation or derivation thereof is used in the name of a university faculty practice corporation formed pursuant to or a professional service corporation formed pursuant to article fifteen of this chapter, or a foreign professional service corporation authorized to do business in this state pursuant to article fifteen-A of this chapter, the members or shareholders of which are composed exclusively of doctors or lawyers, respectively, or are used in a context which clearly denotes a purpose other than the practice of law or medicine.is attached to the certificate of incorporation, or application for authority or amendment thereof, contain any of the following words or phrases, or any abbreviation or derivative thereof: union, labor, council, industrial organization, in a context which indicates or implies that the domestic corporation is formed or the foreign corporation authorized as an organization of working men or women or wage earners or for the performance, rendition or sale of services as labor or management consultant, adviser or specialist, or as negotiator or arbitrator in labor-management disputes.
(7) Shall not, unless the approval of the state department of social services is attached to the certificate of incorporation, or application for authority or amendment thereof, contain the word “blind” or “handicapped”.
Definition Limited Partnership Certificate Amendments to Certificate Annual Report Statement of Change of Resident Agent/Office Statement of Change of Resident Office by Resident Agent Resignation of Resident Agent Application for Reinstatement Following Administrative Dissolution Mergers and Consolidations Cancellations A "limited partnership" is a partnership formed by two or more persons formed under the provisions of M. Forms: Limited Partnership Certificate (PDF) Two or more persons desiring to form a limited partnership may do so by filing a Certificate with the Corporations Division. shall contain without abbreviation the words "limited partnership"; b.
Chapter 109, s.8, having as members one or more general partners and one or more limited partners.
Consolidation is usually an all-or-nothing event: once the decision to consolidate has been made, companies are irrevocably bound.
Only by having less than a 100% interest in a subsidiary can that subsidiary be left out of the consolidation.
The aim of a tax consolidation regime is to reduce administrative costs for government revenue departments and reduce compliance costs for corporate taxpayers.