Statutory Company definition

Statutory Company means a company incorporated by special Act;
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Examples of Statutory Company in a sentence

  • Statutory Company holidays will be paid consistent with the regulations of the Canada Labour Code.

  • Audit committeeThe Audit Committee assists the Board of Directors with internal control and risk management, preparing financial statements and other financial information, appointing the Statutory Company Auditors and managing relations with them.

  • With respect to each material Company Employee Plan other than a Statutory Company Employee Plan, the Company has made available to THL copies of such Company Employee Plan document, including all amendments thereto, and all related trust documents or other funding arrangements.

  • For purposes of this Agreement, “Non-U.S. Statutory Company Benefit Plans” means a Non-U.S. Company Benefit Plan that is required by applicable Law to be sponsored, maintained, or to be contributed to by the Company or any of its Subsidiaries.

  • With respect to each Company Employee Plan other than a Statutory Company Employee Plan, the Company has made available to Parent copies of each such Company Employee Plan document, including all amendments thereto, and all related trust documents.

  • In India, such companies are foreign companies.2. Statutory Company: A company or corporation, formed by an act of the legislature, is called the statutory company.

  • Registered CompaniesChartered CompanyA company created by the grant of a charter by the Crown is called a Chartered Company and is regulated by that Charter.Dormant Co.Producer Co.Investment Co.Associate Co.Statutory CompaniesA company formed by passing a Special Act in the Parliament is called a Statutory Company or Statutory CorporationRegistered CompaniesThose companies which are incorporated under the Companies Act, 2013 or under any previous company law.

  • Given that the relationship between a Statutory Company and a State is via a contract (incorporation); this being an agreement that the statutory company will follow the requirements laid out by the state (typically expressed in a ‘Companies Act’) then it would seem sensible that the relationship between the Statutory Company and the Virtual Company was goverened the same way.

  • A Virtual Company must have a Virtual Companies Act that has been agreed by the Board of the Statutory Company that it has been incorporated within.

  • This necessitated the introduction of a Virtual Companies Act and the ability for a Virtual Company to be formed and incorporated into a Statutory Company.

Related to Statutory Company

  • Michigan economic development corporation means the public body corporate created under section 28 of article VII of the state constitution of 1963 and the urban cooperation act of 1967, 1967 (Ex Sess) PA 7, MCL 124.501 to 124.512, by a contractual interlocal agreement effective April 5, 1999, as amended, between local participating economic development corporations formed under the economic development corporations act, 1974 PA 338, MCL 125.1601 to 125.1636, and the Michigan strategic fund. If the Michigan economic development corporation is unable for any reason to perform its duties under this act, those duties may be exercised by the Michigan strategic fund.

  • Community organization means an organization that provides

  • Affiliated group of corporations means an affiliated group as defined in section 1504 of the Internal Revenue Code, except that, if such a group includes at least one incumbent local exchange carrier that is primarily engaged in the business of providing local exchange telephone service in this state, the affiliated group shall not include any incumbent local exchange carrier that would otherwise be included in the group.

  • Next Michigan development corporation means that term as defined in section 3 of the next Michigan development act, 2010 PA 275, MCL 125.2953.

  • Nonprofit corporation means a nonstock corporation organized under ch. 181 that is a nonprofit corporation, as defined in s. 181.0103 (17).

  • Public utility holding company means: (1) any company that,

  • Electric Reliability Organization or “ERO” means the organization that is certified by the Commission under Section 39.3 of its regulations, the purpose of which is to establish and enforce Reliability Standards for the Bulk Power System in the United States, subject to Commission review. The organization may also have received recognition by Applicable Governmental Authorities in Canada and Mexico to establish and enforce Reliability Standards for the Bulk Power Systems of the respective countries.

  • Foreign nonprofit corporation means an entity:

  • Individual Resource Status: Single Dwelling Contributing 1 Total: 1 Individual Resource Status: Shed Contributing 1 Total: 1 Primary Resource Information: Single Dwelling, Stories 1.00, Style: Queen Anne, ca 1895 February 2007: This Queen Anne style house has aluminum siding on a wood frame. The foundation is not visible. There is a 1 story 3 bay porch with turned wooden posts. The windows are 1/1 double hung vinyl. The roof is an aluminum false mansard. 2313 T Street, 2315 T Street, 2317 T Street, and 2319 T Street comprise a series of houses built on the same design, nearly identical to those found around the corner in the 1300 block of 24th Street. The design is two bays, one story, frame, with a false mansard roof. All four retain original Queen Anne style lathe-turned porch posts. All but 2313 have original wood sash 1/1 windows, while 2313 has vinyl replacements. 2319 has Inselstone siding, and 2313 has aluminum siding, while the two center houses (2315 and 2317) appear to have recently been restored to their original wood siding, which is double covelap. The original pressed metal shingles are still in place in the false mansard of 2319, while the mansard at 2313 has siding over the mansard; the two houses in between (2315 and 2317) have some kind of slate or wood shingle that has been painted in the mansards.

  • Electric public utility means a public utility, as that term is

  • Natural Resource or “Natural Resources” shall mean land, fish, wildlife, biota, air, water, ground water, drinking water supplies, and other such resources, belonging to, managed by, held in trust by, appertaining to, or otherwise controlled by the United States or the State.

  • Natural resources means all land, fish, shellfish, wildlife, biota,

  • of a corporation means all classes of Capital Stock of such corporation then outstanding and normally entitled to vote in the election of directors.

  • Essential community provider or “ECP” means a provider that:

  • Business organization means an individual, partnership, association, joint stock company, trust, corporation or other legal business entity or successor thereof.

  • Community or broad-based enterprise means an enterprise that has an empowerment shareholder who represents a broad base of members such as a local community or where the benefits support a target group, for example black women, people living with disabilities, the youth and workers. Shares are held via direct equity, non-profit organisations and trusts.

  • Service corporation means a corporation organized under ss. 180.1903 to 180.1921.

  • Indian organization means the governing body of any Indian tribe or entity established or recognized by the governing body of an Indian tribe for the purposes of 25 U.S.C., chapter 17.

  • Urban Enterprise Zones means a zone designated by the New Jersey Enterprise Zone Authority pursuant to the New Jersey Urban Enterprise Zones Act, N.J.S.A. 52:27H-60 et. seq.

  • Subsidiary Company means any subsidiary company within the meaning of section 7 of the Companies Act 2014 which is a wholly owned entity used by a Fund to hold assets.

  • Controlled Group of Corporations has the meaning set forth in Code Section 1563.

  • University Community means all students and employees of the University, persons officially associated with the University, former students and alumni at the University, as well as invitees, visitors and guests.

  • boycott energy company means “without an ordinary business purpose, refusing to deal with, terminating business activities with, or otherwise taking any action intended to penalize, inflict economic harm on, or limit commercial relations with a company because the company (a) engages in the exploration, production, utilization, transportation, sale, or manufacturing of fossil fuel-based energy and does not commit or pledge to meet environmental standards beyond applicable federal and state law, or (b) does business with a company described by paragraph (a).” (See Tex. Gov. Code 809.001). When applicable, does Vendor certify? Yes, Vendor certifies business entity that enters into a contract with a school district must give advance notice to the district if the person or an owner or operator of the business entity has been convicted of a felony. The notice must include a general description of the conduct resulting in the conviction of a felony.” Subsection (b) states, "a school district may terminate a contract with a person or business entity if the district determines that the person or business entity failed to give notice as required by Subsection (a) or misrepresented the conduct resulting in the conviction. The district must compensate the person or business entity for services performed before the termination of the contract.” Subsection (c) states, "This section does not apply to a publicly held corporation. Vendor certifies one of the following:

  • Insurance holding company system means a group of two or more affiliated persons, at least one of whom is an insurer.

  • Corporation means a corporation, association, company, joint-stock company or business trust.

  • Natural gas company ’ means a person engaged in the transportation of natural gas in interstate commerce, or the sale in inter- state commerce of such gas for resale.