#legal
Legal considerations for business finance and accounting compliance
No federal law requires show-up pay, but eight US states plus DC do — California owes half the shift (2–4 hours) when you send scheduled staff home early.
An SPV pools many angel checks into one LLC and one cap-table line; backers pay 10–20% carry plus setup fees, and the lead votes the whole block.
A UCC lien search shows which lenders hold security interests in a seller's assets. Search the state of organization, then run a bring-down before closing.
Your client list is only a trade secret if you protected it first — inventory secrets, sign NDAs with the DTSA notice, and lock down access.
Federal law requires jury-duty time off but no pay; 8 states plus DC mandate employer pay, and the FLSA bars docking exempt salaries.
A land trust keeps your name off the deed and fits the federal Garn-St. Germain due-on-sale exemption — but it is no liability shield, so pair it with an LLC.
Lemon laws cover work trucks in some US states but not others; use, weight, and fleet tests decide, and a Section 179 buyback triggers depreciation recapture.
OFCCP's Section 503 final rule takes effect September 21, 2026: Form CC-305, the 7% utilization goal and disability data collection end — the written AAP stays.
Pet deposits are refundable and often capped; pet fees and pet rent are Schedule E income when received — IRS Pub 527 rules, state caps, and how to book each.
Your trademark needs a Section 8 filing between years 5–6 and a combined Section 8/9 renewal every decade — miss the grace period and the USPTO cancels it.
California Prop 65 reaches any seller shipping into the state with 10+ employees — warn before checkout, name the chemical, and relabel short forms by 2028.
A pre-ticked "optional" fee is not consent — the FTC's $35M order makes opt-in defaults, total-price disclosure, and traceable fee accounts the standard.
