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" ... Even if you're the CEO and employ your family members to help run your business, you still need basic corporate governance documents such as articles of incorporation, articles of organization, bylaws, minutes, consents, stock certificates, etc. depending on the entity type. ... "
" ... Finally, when a consumer consents to sharing data, they should know they can quickly and easily change their preferences at any time. "Quickly and easily" does not mean having to write three dozen emails, make half a dozen calls and spend countless hours on hold to do so. It means the ability to change their mind and update preferences in just a few simple clicks or taps. ... "
" ... Now imagine an alternative implementation that uses an R2P platform. There is no mandate and instead every month the gym uses R2P to send me a bill that shows up in my bank app. For the first couple of months I might look at the bill and then okay it, but I’ll get bored with that fairly quickly and just tell my bank that so long as the bill from the gym is less than £50 and it's only once a month then just go ahead and pay. At any time I'll be able to go into my bank app and look at the list of these consents and turn them on and off. At some later point, I decide not to go to the gym anymore so I cancel my membership. Now there is no direct debit mandate to terminate and no continuous authority on a credit card to be removed. Instead I just tell my app to stop paying the bills from the gym. End of. ... "
" ... The statute includes a provision not contained in many other States’ registration laws: it says explicitly that by registering, a nonresident corporation consents to the general jurisdiction of Pennsylvania courts over any and all claims filed against the corporation, even claims that bear no relation to Pennsylvania. 42 Pa.C.S. § 5301(a)(2)(i). That consent provision is in considerable tension with the Due Process Clause, which generally prohibits state courts from asserting personal jurisdiction over a nonresident unless the plaintiff’s claim “arises out of or relates to” the forum State. ... "
" ... Together, these elements allow two or more parties to transact with decentralized trust, where each party consents to the transaction and records the transaction. Decentralized trust makes sense when multiple organizations must independently verify transaction history and have a single, up-to-date, accurate view of data. It also makes sense when there is no single party that wants to maintain an application but network members still want to transact with other parties efficiently. ... "