Posts Tagged ‘Outdoor Activities’

Delaware: The Incorporation Capital Of America

October 20th, 2022

Why Delaware?

Delaware is famed to be the “incorporation capital” of America – more than 60% of Fortune 500 companies are incorporated in Delaware. According to Delaware Department of State,Guest Posting Division of Corporation’s 2006 Annual Report the number of active business entities in Delaware has grown 50% in the last six years to a total of more than 765,000. In 2006, Delaware welcomed more than 145,000 new businesses.

The reason why so many Fortune 500 companies are drawn to this state is the fact that Delaware has an excellent body of corporate case law spanning 110 years regarding such matters as management/shareholder issues and mergers/acquisitions. More and more people choose to incorporate in Delaware because of the friendly conditions offered by that state.

Advantages of Incorporating in Delaware

Here are some advantages of incorporating in Delaware:

Names and addresses of shareholders and directors of a Delaware Company do not appear within public records. Moreover, during incorporation process, there is no obligation to provide this information to the State of Delaware.

No minimal capital investment in the Company is required

The Company has no obligation to have a bank account in Delaware.

The State of Delaware Is Cracking Down on Distracted Drivers

March 18th, 2022

The ban on text messaging for all drivers now extends to 37 states including the District of Columbia and Guam. Twelve of these laws were enacted in 2010 alone. There are 10 states, the District of Columbia, and the Virgin Islands that prohibit all drivers from using handheld cell phones while driving.

The state of Delaware has some of the toughest restrictions in the country when it comes to distracted driving. The laws promise to make it safer for everyone driving in the state.

“This new law is about improving safety for everyone who shares the road. We hope we can reduce the number of drivers who text and e-mail while driving, and therefore, reduce the number of distraction-related crashes. Just as we’re keeping our focus as a state on creating more jobs, we want drivers keeping their focus on the road,” Governor Markell said.

The bill allows a driver to use a headset, speakerphone or other hands-free device to talk on a cell phone while driving. It also permits a driver to punch in a number or activate the hands-free device, but the driver must then put the phone down while talking. Rep. Scott said that the new law takes the phone out of the driver’s hands, eliminating a major distraction

In Delaware, there were 230 crashes in 2009 that involved the use of a cell phone. As of last month, 94 crashes have involved the use of a cell phone and another 17 have involved texting in 2010. Countless others go unreported

Handheld ban for all drivers (Primary law)
Ban on all cell phone use (handheld and hands-free) for bus drivers (Primary law)
Ban on all cell phone (handheld and hands-free) for novice drivers (Primary law)
Ban on texting for all drivers (Primary law)

Note: A primary law means that an officer can ticket the driver for the offense without any other traffic violation taking place. A secondary law means an officer can only issue a ticket if a driver has been pulled over for another violation (like speeding).

The first offense is subject a $50 fine, for each additional offense a fine of $100 or more not to exceed $200. No points will be assessed for the violation and the drivers record will not be affected.

The restrictions will not apply to law-enforcement or an emergency vehicle in the performance of official duties. The law will also allow an individual to inform authorities of a potential threat or hazard or medical condition that requires immediate attention. It allows for an individual to report a suspicious driver who may be driving in an unsafe or careless manner or under the influence of a controlled substance.