(f) Data used by the Corporation to complete the quarterly certified statement invoice has been previously attested to by the institution in its reports of condition, or other similar reports, filed with the institution's primary federal regulator. (e) If the appropriate officer of the insured depository institution determines that, to the best of his or her knowledge and belief, the information shown on the quarterly certified statement invoice is not true, correct, and complete and in accordance with the Federal Deposit Insurance Act and the regulations issued under it, the institution shall pay the amount specified on the quarterly certified statement invoice, and may: (1) Amend its report of condition, or other similar report, to correct any data believed to be inaccurate on the quarterly certified statement invoice; amendments to such reports timely filed under section 7(g) of the Federal Deposit Insurance Act but not permitted to be made by an institution's primary federal regulator may be filed with the FDIC for consideration in determining deposit insurance assessments; or (2) Amend and sign its quarterly certified statement invoice to correct a calculation believed to be inaccurate and return it to the FDIC by the applicable payment date specified in § 327.3(b)(2). Any exemption request must be submitted in writing to the Manager of the Assessments Section. A quarterly certified statement invoice delivered by any alternative means will be treated as if it had been downloaded from FDIC.In part, the statement of rights provides that dividends on the preferred shares are payable before any dividends on all other classes of stock, and that dividends on the preferred shares are limited to a dividend rate with a floor of 4% per annum and a ceiling of 14% per annum.
That exhibit lists the names, ownership, and employer identification numbers of all companies who comprise an affiliated group with Hank Ltd. (Statement of Rights, at section 3.) Therefore, the Variable Rate Cumulative Preferred Stock, Series A of Wildcat Corp. The preferred stock does not have any right to be converted or exchanged for shares of any other class, or series of any class of securities as required by section 1504(a)(4)(D). 71-83, in ruling that stock not entitled to vote for directors unless dividends were unpaid for six consecutive quarters is not voting stock because participation in the voting for directors defines voting power and at the time of the ruling the voting right had not accrued. The right to limit shareholder voting extends to the election of directors however, even nonvoting shareholders may be able to vote on amendment of the articles of incorporation, merger, or share exchange. 1994); Stuart Lazar, The Definition of Voting Stock and the Computation of Voting Power Under Sections 368(c) and 1504(a): Recent Developments and Tax Lore, 17 Va. will not be considered stock for purposes of the 80-percent voting and value test set forth in section 1504(a)(2) because the stock meets the criteria of section 1504(a)(4) and thus is not stock when applying the 80 percent tests. With respect to each of the issues that are involved in this ruling request, it is represented to the best of the knowledge of the taxpayer that the identical issue (1) is not under examination by a District Director in a return of the taxpayer, or of a related taxpayer within the meaning of 267 of the Code, or a member of an affiliated group of which the taxpayer is a member within the meaning of section 1504 of the Code; (2) has not been examined by a District Director for a year for which the statutory period of limitation on assessment or refund of tax has not expired, nor has a closing agreement been entered into by a District Director; (3) is not under consideration by an Appeals Office in connection with a return of the taxpayer for a prior period, nor has such an issue been considered by an Appeals Office and the statutory period of limitation on assessment or refund of tax has not expired, nor has a closing agreement been entered into by an Appeals Office; (4) is not pending in litigation involving the taxpayer or a related taxpayer within the scope referred to in (1) above. A Washington corporation has the power to authorize one or more classes of shares that have special, conditional, or no right to vote; are redeemable at the option of the corporation; entitle holders to distributions calculated in any manner; and have preference over other classes of shares. 103 (1997); The foregoing authorities indicate that the variable rate cumulative preferred stock of Wildcat Corp. The dividends on the preferred shares are to be paid before dividends on any other shares of the corporation, the dividends are determined by a rate based on an adjustable index, and the dividend rate is limited by a set floor and ceiling.