Yes, I wondered that, too.

Post #19,223 by static 11/22/01 7:33:42 PM Reply	Yes, I wondered that, too. Though the article hints at the company in question being based in Maryland... Wade. "All around me are nothing but fakes Come with me on the biggest fake of all!"
Post #19,240 by kmself 11/22/01 10:56:11 PM Reply	Not the company, the contract terms UCITA's been passed in only a very few states, notably Maryland and Virginia, Virginia being the first (and home to AOL). The contract law being applied was Maryland law. This doesn't say much if anything about the parties involved. `-- Karsten M. Self [link\|mailto:kmself@ix.netcom.com\|kmself@ix.netcom.com] What part of "gestalt" don't you understand?`
Post #19,242 by static 11/22/01 11:50:10 PM Reply	But could apply a Maryland law... ... if neither company was based in Maryland? Wade. "All around me are nothing but fakes Come with me on the biggest fake of all!"
Post #19,244 by Andrew Grygus 11/23/01 2:46:43 AM Reply	Yes The contract need only say it's governed by the laws of the state of Maryland. This is done all the time. Also, since Maryland law offers little protection for stockholders rights, vast numbers of companies are set up as Maryland corporations. [link\|http://www.aaxnet.com\|AAx]
Post #19,254 by Ashton 11/23/01 1:13:45 PM Reply	Hmmm.. What ever happened to Delaware? I thougth that was the perfect Repo-State, considering ordinary humans as chattel (mostly) and Corps as - welcome pillagers? Did Maryland supersede Delaware as lawyers' fav haven from quid pro quo? A.
Post #19,282 by Andrew Grygus 11/24/01 5:18:03 AM Reply	No I think Delaware still leads. When you're one of those tiny states you can walk across in an afternoon, you have to do something for income, and taxing steel mills is probably not practical. Maryland's just horning in on Deleware's business and passing UCITA is probably conciously part of that. [link\|http://www.aaxnet.com\|AAx]

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