The purpose of this memorandum is to review certain reporting and disclosure requirements, and certain restrictions that may limit the disposition of securities of the company held by its officers, directors and principal shareholders, which are imposed by the Securities Act of 1933, the Securities and Exchange Act of 1934, and the rules of the Securities and Exchange Commission thereunder. This memorandum is prepared for the management of the company and should be treated as a confidential communication between the company and its counsel.
South Dakota Limitation on Disposition of Securities Memorandum
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In South Dakota, all misdemeanors carry a lengthy seven-year statute of limitations. Most felonies also have a seven-year statute of limitations. Class A, B, and C felonies do not have any statute of limitations.
Some observers have long been uncomfortable with the rule that there is no duty to assist others in need. The California Supreme Court has called the rule ?morally questionable.? One legal commentator has said the law simply does not ?recognize the moral obligation of common decency and common humanity.?
No peace officer, conservation officer, member of any fire department, police department and their first aid, rescue or emergency squad, or any citizen acting as such as a volunteer, or any other person is liable for any civil damages as a result of their acts of commission or omission arising out of and in the course ...
A total of have 13 states have Bad Samaritan laws; California, Washington, Alaska, Massachusetts, Rhode Island, Florida, Vermont, Wisconsin, Hawaii, Colorado, Ohio, Texas, and Minnesota.
A person who uses or threatens to use deadly force in ance with this section does not have a duty to retreat and has the right to stand his or her ground, if the person using or threatening to use the deadly force is not engaged in a criminal activity and is in a place where the person has a right to be.
Limitation period on forgery or theft commences at time of discovery--Proof as to failure of discovery. When the defendant is charged with forgery or theft, an action described in § 23A-42-2 shall be commenced at any time within seven years after the discovery of the crime.
Statutes typically don't protect a person who provides care, advice or assistance in a willfully negligent or reckless manner. However, like any type of legislation, Good Samaritan laws are interpreted in court and the results may not benefit the bystander.
Codified Law 43-32-35 | South Dakota Legislature. 43-32-35. Service animal documentation requirements. The supporting documentation shall confirm the tenant's disability and the relationship between the tenant's disability and the need for the requested accommodation.