Steven Stark Startup Lawyer for Rancho Cordova, CA
Joshua Garber Startup Lawyer for Rancho Cordova, CA
Kim Pham Startup Lawyer for Rancho Cordova, CA
Jeana Trost Startup Lawyer for Rancho Cordova, CA
Meaghan Zore Startup Lawyer for Rancho Cordova, CA
Melissa Frank Startup Lawyer for Rancho Cordova, CA
Jonathan Handel Startup Lawyer for Rancho Cordova, CA
Rebecca London Startup Lawyer for Rancho Cordova, CA
John Thyberg Startup Lawyer for Rancho Cordova, CA
Rancho Cordova Startup Lawyers
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From primarily dealing with things like business formation, contracts, leases, equity financing, securities, and intellectual property protection, the Rancho Cordova startup lawyers on UpCounsel can help you with a variety of specialized and general startup law related legal matters. No matter what type of startup law needs you have, you can easily hire an experienced Rancho Cordova startup lawyer on UpCounsel to help you today.
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- 5 min read
Promissory Note: What Is It?
A promissory note is a legal contract that sets out the terms of a loan and enforces the promise for a borrower to pay back a sum of money to a lender within a certain time period. Promissory notes are one of the simplest ways to obtain financing for your company. They are often basic documents with few formalities. A promissory note written on a napkin could be valid if the required terms are included.
Alternative names for promissory notes include: IOU, personal notes, loan agreements, notes payable, note, promissory note form, promise to pay, secured or unsecured notes, demand notes, or commercial paper.
As such, a promissory note must contain the usual standard requirements for a contract, including considerati
- 2 min read
Learn More about HIPAA Compliance for Businesses
Along with protecting workers from the exclusion of preexisting conditions, HIPAA also protects patients’ paper and electronically stored medical information through the Security Rule and Privacy Rule, which were implemented by the U.S. Department of Health and Human Services.
In order to be in compliance with HIPAA, each covered entity must ensure they are abiding by the Security Rule and Privacy Rule standards.
Security Rule - Safeguards and Compliance
The Security Rule, a HIPAA provision, was included to ensure the confidentiality, integrity, and availability of electronic patient health information (EPHI). There are three types of security safeguards necessary for compliance with the Security Rule: Administrative, Technical, and Physical. For each of these three types, there are security standards set fort
- 3 min read
What is SOX?
SOX informally refers to the Sarbanes-Oxley Act of 2002, a piece of legislation created for the purpose of protecting investors from accounting fraud, specifically those that are related to shares sold by publicly traded companies.
The Sarbanes-Oxley Act is a deliberate attempt to mandate strict reforms with regards to how corporations made financial declarations. The law mandates increased vigilance with regards to disclosures related to the financial state of the company, particularly when it comes to earnings and profitability.
It is important to remember that this law regulates publicly traded corporations, those that sell shares of stock to the common people and institutional investors. The investors and potential shareholders will only agree to the listed price of the company's shares based on the company's value such as future earnings and current performance. Thus,
- 4 min read
Common Stock: What Is It?
Common stock a representation of owning a part of a corporation (“equity ownership”) and is sometimes called "voting shares" or "ordinary shares." It's a type of stock which gives partial ownership and voting rights in a corporation during corporate meetings. The amount of ownership is equal to the amount of common stock an individual owns compared to the amount issued.
Common stock is considered riskier than preferred stock (another type of stock). However, it often gives investors the ability to select members of the board of directors, and they may also vote on issues, such as company objectives and stock splits.
Preferred stock owners typically do
- 7 min read
What is a Right of First Refusal?
A right of first refusal, also called an ROFR, a first right of refusal, or a last look provision, gives a person or company the opportunity to start a business transaction before anyone else can. It could provide the first chance to buy stocks or real estate at the same price and terms as another offer. If the holder of the right of first refusal declines, the owner of the asset can sell it to whomever they want.
There's even an ROFR in many child custody agreements. It requires that one parent offer the other parent the chance to watch the kids before using a family member or outside child care.
A Right of First Offer: What is it?
A right of first offer or ROFO requires owners to tell the holder first when they plan to sell an asset. Then the holder of the ROFO has the right to make the first offer on the business, stocks, or property. The seller can accept or reject the offer, speak to other buyers,