Agency (law) - Finance Records
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Topic: Agency (law)



  
 Encyclopedia4U - Agency - Encyclopedia Article
The law of agency is used in many professional areas, from contract negotiation (business management), employment procurement (i.e.
Agency is an area of law dealing with a contractual or quasi-contractual relationship between at least two parties in which one, the principal, allows the other, the agent, to represent her or his legal interests and to perform legal acts that bind the principal.
Agency can be created in a variety of ways, such as through the grant of a power of attorney also known as a mandate in civil law jurisdictions, it can also be implied from the conduct of the parties.
http://www.encyclopedia4u.com/a/agency.html   (285 words)

  
 Agency
See agency (law) for an account of the law of agency.
Agency in many contexts means a government agency.
In sociology, agency refers to the ability of an actor (usually a person, but can also be a business) to organize future situations and resource distribution.
http://www.brainyencyclopedia.com/encyclopedia/a/ag/agency.html   (187 words)

  
 Agency
The Superintendent of Real Estate and Professional Licensing has the discretion to issue a $200 citation for agency law violations.
The highlights of the changes to Ohio's agency law are as follows:
The Agency Disclosure Statement is easy for licensees to complete and for the public to understand.
http://www.ohiorealtors.org/legal/05_AGENCY/intro.html   (528 words)

  
 Administrative law - Wikipedia, the free encyclopedia
Administrative law expanded greatly during the twentieth century, as legislative bodies world-wide created more government agencies to regulate the increasingly complex social, economic and political spheres of human interaction.
Many of the independent agencies operate as miniature versions of the tripartite federal government, with the authority to "legislate" (through rulemaking), "adjudicate" (through administrative hearings), and to "execute" administrative goals (through agency enforcement personnel).
As a body of law, administrative law deals with the decision-making of administrative units of government (e.g., tribunals, boards or commissions) that are part of a state regulatory scheme in such areas as international trade, manufacturing, the environment, taxation, broadcasting, immigration and transport.
http://en.wikipedia.org/wiki/Administrative_law   (528 words)

  
 Real Property Tax Agency
The majority of functions of the Real Property Tax Service Agency (RPTSA) are mandated by Article 15A of the Real Property Tax Law.
The Agency actively assists in the disposition of tax delinquent property and the preparation and distribution of tax and assessment rolls.
The Agency’s primary function is the production and maintenance of tax maps.
http://www.co.dutchess.ny.us/CountyGov/Departments/RealPropertyTax/RPIndex.htm   (293 words)

  
 About Petra News Agency
Before the issuance of this law, the agency used to provide its services for free.
However, this law granted the agency the right to sell some of its services to subscribers willing to receive these services.
The agency was one of the founders of the JPA.
http://www.petra.gov.jo/About-Petra.shtm   (919 words)

  
 SSRN-An Agency Costs Theory of Trust Law by Robert Sitkoff
The normative claim is that the law should minimize the agency costs inherent in locating managerial authority with the trustee and the residual claim with the beneficiaries, but only to the extent that doing so is consistent with the ex ante instructions of the settlor.
The agency costs approach offers fresh insights into recurring problems in trust law including, among others, modification and termination, settlor standing, fiduciary litigation, trust-investment law and the duty of impartiality, trustee removal, the role of so-called trust protectors, and spendthrift trusts.
Accordingly, the use of the private trust triggers a temporal agency problem (whether the trustee will remain loyal to the settlor’s original wishes) in addition to the usual agency problem that arises when risk-bearing and management are separated (whether the trustee/manager will act in the best interests of the beneficiaries/residual claimants).
http://papers.ssrn.com/sol3/papers.cfm?abstract_id=412592   (919 words)

  
 FindLaw for Legal Professionals - Case Law, Federal and State Resources, Forms, and Code
Moreover, under the laws of agency as known to the Congress that passed the Sherman Act it was far from clear - even in cases involving commercial enterprises - that a principal could be held liable for the deliberate torts of his agent.
Since treble damages also serve as a means of deterring antitrust violations and of compensating victims, it is in accord with both the purposes of the antitrust laws and principles of agency law to hold petitioner liable for the acts of agents committed with apparent authority.
[456 U.S. antitrust violations and of compensating victims, it is in accord with both the purposes of the antitrust laws and principles of agency law to hold ASME liable for the acts of agents committed with apparent authority.
http://caselaw.lp.findlaw.com/scripts/getcase.pl?navby=case&court=us&vol=456&page=556   (13030 words)

  
 "Administrative Law" Defined & Explained
ADMINISTRATIVE LAW - is the body of law governing administrative agencies- -that is, those agencies created by Congress or state legislatures, such as the Social Security Administration, state Unemployment Insurance Boards, state Welfare Commissions and the Occupational Safety and Health Administration.
Frequently, an applicant objects to an agency's decision to deny, limit or terminate the benefits provided and seeks to have the decision reviewed.
Administrative agencies administer law through the creation and enforcement of regulations; most of these regulations pertain to providing some type of benefit to applicants.
http://www.lectlaw.com/def/a226.htm   (13030 words)

  
 Employment Agency Fact Sheet
The law requires all employment agencies to be licensed by the Commissioner of Labor, of if the employment agency is located in New York City, by the New York City Department of Consumer Affairs.
It is a violation of the law for an employment agency to inquire about an applicant's nationality, age, number of children, or marital status.
An employment agency is any person who, for a fee, obtains or attempts to obtain employment for persons seeking employment.
http://www.oag.state.ny.us/labor/employment_agency.html   (535 words)

  
 SSRN-Trust Law, Corporate Law, and Capital Market Efficiency by Robert Sitkoff
But where the law of corporate governance evolved in the shadow of capital-market checks on agency costs, trust governance did not.
In both the publicly-traded corporation and the private donative trust a crucial task is to minimize the agency costs that arise from the separation of risk-bearing and management.
Thus, even more than that of close corporations, the law and study of private trusts offers an illuminating counterfactual - a control, as it were - for a playful thought experiment about the importance of capital market efficiency to the law and study of public corporations.
http://papers.ssrn.com/sol3/papers.cfm?abstract_id=470061   (427 words)

  
 Collection Agencies and Debt Collection Home
The Colorado Attorney General's Office, through the Administrator of the Collection Agency Board, investigates complaints about collection agencies and takes appropriate disciplinary or legal action when a collection agency has violated the law.
The Colorado Fair Debt Collection Practices Act is a state law that governs the actions of debt collectors and collection agencies.
The law prohibits unnecessary disclosure of the debt to parties not obligated to pay the debt.
http://www.ago.state.co.us/cadc/cadcmain.cfm   (169 words)

  
 The Fiction and Tyranny of "Administrative Law"
The idea that the powers of such a body could simply be given to an administrative agency is then the essence of the violation of the separation of powers and the system of checks and balances.
Another benefit for some political factions is that they can capture ideological control of an administrative agency even when they have no hope of pursuing their program through legislation.
If the agencies are content just to harass and impoverish a citizen, we have been told by the Supreme Court that the citizen cannot have recourse to a real court, in the real judiciary, to appeal the tyranny of the agency until all "administrative remedies" have been exhausted.
http://www.friesian.com/fiction.htm   (169 words)

  
 Administrative Law Research
Regulatory Information Service Center is designed to provide "information to the President, Congress, agency officials, and the general public to help them better understand and manage the regulatory process." http://www.reginfo.gov/ It contains the semiannual Unified Agenda of Federal Regulatory and Deregulatory Actions, related documents, and links to relevant websites.
GPO Access includes links to a variety of federal agency websites where recent decisions are posted, including those from the Federal Labor Relations Authority, Merit Systems Protection Board, National Labor Relations Board, National Mediation Board, and the Occupational Safety and Health Review Commission.
Administrative law is the body of law created by administrative agencies in the form of rules, regulations, procedures, orders, and decisions.
http://lib.law.washington.edu/ref/admin.htm   (169 words)

  
 Overview of Administrative Law
Federal law now requires that before agencies adopt rules that significantly impact small business, they consider how rules can be made and enforced in such a way so as to minimize the regulatory burden on small business.
These include attaching riders to agency appropriations bills, conducting oversight hearings, reducing agency budgets, and amending statutes.
Administrative law is the branch of the law that governs the activities of administrative and regulatory agencies.
http://web.utk.edu/~scheb/adlaw.html   (169 words)

  
 EXECUTIVE ORDER 13101
Agency acquisition and procurement personnel shall justify in writing to the file and to the AEE the rationale for not purchasing such items, above the micropurchase threshold (as set out in the Office of Federal Procurement Policy Act at 41 U.S.C.), and submit a plan and timetable for increasing agency purchases of the designated item(s).
"Executive agency" or "agency" means an executive agency as defined in 5 U.S.C. For the purpose of this order, military departments, as defined in 5 U.S.C. are covered under the auspices of the Department of Defense.
Acquisition begins at the point when agency needs are established and includes the description of requirements to satisfy agency needs, solicitation and selection of sources, award of contracts, contract financing, contract performance, contract administration, and those technical and management functions directly related to the process of fulfilling agency needs by contract.
http://www.ofee.gov/eo/13101.htm   (3847 words)

  
 asahi.com¡§Ministries, agencies put lid on education background of officials - ENGLISH
The Imperial Household Agency from the current fiscal year has stopped the practice of disclosing the final educational achievements of senior officials.
During deliberations on the legislation concerning information at administrative agencies, concerns were raised about the possibility of the law being abused to protect politicians and bureaucrats.
The law covering personal information held by administrative agencies stipulates a ban on disclosing such information except when the purpose and objective are clearly stated.
http://www.asahi.com/english/Herald-asahi/TKY200507070198.html   (3847 words)

  
 Administrative Law
"Public Choice Theory and the Administrative State" (Review of Greed, Chaos, and Governance: Using Public Choice to Improve Public Law by Jerry L. Mashaw)
"Participation Run Amok: The Costs of Mass Participation for Deliberative Agency Decisionmaking"
ABA Section of Administrative Law and Regulatory Practice
http://jurist.law.pitt.edu/sg_ad.htm   (3847 words)

  
 Administrative Law
If an agency seems to pass unreasonable rules, citizens complain, and the Congress passes a law limiting the agency's authority or simply changing the rule itself.
Part of the practice of administrative law is challenging agency rules; but a far more significant part of that practice is assisting clients in complying with complex rules, or advocating for changes before the agency itself.
The authorizing legislation typically sets broad standards for the agency, and tells the administrative agency that it may make rules so long as the agency stays within certain legal guidelines.
http://www.rnoon.com/lawlaymen/adminlaw/administrativelaw.html   (3847 words)

  
 BCCLA Position Paper: Administrative agencies, 1980
An answer to that is that administrative agencies are set up to ensure speed, cheapness, and efficiency in routine matters and that with those goals they are more likely to render injustice than judicial institutions set up to uphold the law and justice.
Structuring their discretion by legislating that home visits are not mandatory would be of assistance in pointing the law as it exists on paper in the right direction but effecting attitudinal changes of the administrators of that law is of equal importance.
We witnessed this last on the provincial level in B.C. in 1977 when several travel agencies went bankrupt and their customers were left without anything for all the money they had paid.
http://www.bccla.org/positions/admin/80adminagencies.html   (3847 words)

  
 EFF:
Whistle-blowing laws will typically protect you only after you have actually blown the whistle, by reporting the unlawful activity to a government agency.
If you believe that your termination was discriminatory or retaliatory, you will need to file a complaint with the appropriate federal and/or state agency before filing a lawsuit.
Some laws also protect employees who report illegal activity to their supervisor or employer, but you are better protected if you also make a complaint to a government entity.
http://www.eff.org/bloggers/lg/faq-labor.php   (2803 words)

  
 Federal Regulations
See especially their arrangement of regulations arranged alphabetically by Agency.
First, publication provides official notice of an agency's intent to create or change a regulation (one of the three types of law, along with legislation (statutory law) and court rulings (case law).
For individual agencies that provide regulatory information, see the Agency section below.
http://www.mnsfld.edu/depts/lib/fedregs.html   (2803 words)

  
 ALERT
On August 1, 2002 the Governor signed a bill amending the PERC Law’s provisions on agency shop.
Before August 2002, agency shop was a mandatory topic of negotiations and school employees’ unions could collect such a fee only if they had gained this benefit at their local bargaining table.
If these conditions are met, PERC is then to issue an order to the public employer to institute a payroll deduction for an agency shop fee from the salaries of bargaining unit employees who are not members of the union.
http://www.njsba.org/members_only/labor_relations/alert.htm   (305 words)

  
 CANADA INCOME TAX LAW INFORMATION AND TAX PLANNING AND MINIMIZATION BY CANADIAN TAX LAWYER (TORONTO)
A voluntary disclosure (tax amnesty) application can be submitted to the Canada Revenue Agency (Canadian tax department) for an individual even if the individual is a shareholder or director of a corporation and the corporation is the subject of a request to file returns or an audit.
In the Canadian income tax case of 9044-2807 Québec Inc. v The Queen, 2004 FCA 23, the Federal Court of Appeal held that corporations were associated under subsection 256(5.1) of the Income Tax Act by virtue of de facto control based on the controlling influence of one corporation on the other.
CCRA (the tax department) has issued a statement allowing an employee to attend an employer provided party that is generally available to all employees as long as the cost is reasonable (up to $100 per person is their guideline) without having to report a taxable benefit for Canadian income tax purposes.
http://www.taxpage.com/topten.htm   (11538 words)

  
 AllRefer.com - administrative law (Law: Divisions And Codes) - Encyclopedia
Under European legal codes, special administrative courts review the actions of administrative agencies; in common law systems, on the other hand, ordinary courts have complete jurisdiction over controversies involving the validity of agency action.
administrative law, law governing the powers and processes of administrative agencies.
The use of administrative agencies in the United States dates from 1789, when legislation first provided for the administration of customs laws, regulation of oceangoing vessels, and payment of pensions to veterans.
http://reference.allrefer.com/encyclopedia/A/administl.html   (11538 words)

  
 Agency Shop Law and Legal Definition - USlegalforms.com
Under federal law, agency shop fee payers may request a refund of any part of their agency shop fee which "represents the employee's pro-rata share of expenditures in aid of activities or causes of a political or ideological nature only incidentally related to terms and conditions of employment."
In collective bargaining agreements with an agency shop provision, nonmembers of a union are required to pay the membership fee or a representation fee for contract negotiations, administration, and grievance processing.
An agency shop is a workplace where even if workers do not join the union, they must still pay the equivalent of dues to the union.
http://www.uslegalforms.com/lawdigest/legaldefinitions.php/agency_shop.htm   (300 words)

  
 CORPORATE LAW: LawResearch
The SEC is an independent, nonpartisan, quasijudicial regulatory agency with responsibility for administering the federal securities laws.
Its primary purpose is to increase the efficiency and fairness of the securities market for the benefit of investors, corporations, and the economy by accelerating the receipt, acceptance, dissemination, and analysis of time-sensitive corporate information filed with the agency.
The Corporate Law Policy Directorate is responsible for the review and revision of a number of Canada's marketplace framework laws in the insolvency and corporate law areas.
http://www.lawresearch.com/v2/practice/ctcorp.htm   (1024 words)

  
 Executive Order 12892 - HUD
In the event of failure of such informal means, the executive agency, in conformity with rules, regulations, procedures, or policies issued or adopted by it pursuant to section 4 of this order hereof, shall impose such sanctions as may be authorized by law.
The head of each executive agency shall be responsible for enforcement of this order and, unless prohibited by law, shall cooperate and provide records, data, and documentation in connection with any other agency's investigation of compliance with provisions of this order.
In carrying out the responsibilities in this order, the head of each executive agency shall take appropriate steps to require that all persons or other entities who are applicants for, or participants in,or who are supervised or regulated under, agency programs and activities relating to housing and urban development shall comply with this order.
http://www.hud.gov/offices/fheo/FHLaws/EXO12892.cfm   (1155 words)

  
 FindLaw for Legal Professionals - Case Law, Federal and State Resources, Forms, and Code
Hence, although a union shop denies an employee the option of not formally becoming a union member, under federal law it is the "practical equivalent" of an agency shop, NLRB v.
The agency shop is said to be a necessary adjunct to the principle of exclusive union representation; it is said to reduce the risk that nonunion employees will become "free riders" by fairly distributing the costs of exclusive representation; and it is said to promote the cause of labor peace in the public sector.
A Michigan statute authorizing union representation of local governmental employees permits an "agency shop" arrangement, whereby every employee represented by a union, even though not a union member, must pay to the union, as a condition of employment, a service charge equal in amount to union dues.
http://caselaw.lp.findlaw.com/scripts/getcase.pl?court=us&vol=431&invol=209   (14489 words)

  
 Chapter 182 — State Administrative Agencies
Any new programs mandated by law, assigned to the agency or unit by the Oregon Department of Administrative Services, or budgeted as additions to the base budget or reduced level budget of the agency or unit shall not be eligible for credit savings under ORS 182.365 to 182.400.
A board is subject to all other statutes governing a state agency that do not conflict with ORS 182.456 to 182.472, including the tort liability provisions of ORS 30.260 to 30.300 and the provisions of ORS 183.310 to 183.550, and a board ’s employees are included within the Public Employees Retirement System.
If not used in the biennium in which the savings occur, the amount of credit to an agency or unit may be treated as if it were continuously appropriated to the agency or unit and may be expended in the following biennium without resulting in any budget justification for the agency or unit.
http://www.paperadvantage.org/ORS/182.html   (14489 words)

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